City Union Bank gets RBI not for reappointing MD&CEO

City Union Bank gets RBI not for reappointing MD&CEO
  • Country:
  • India

Private sector lender City Union Bank on Tuesday said it has got RBI nod for reappointment of MD&CEO N Kamakodi

The Reserve Bank of India has given its approval vide e-mail dated April 20, 2020, for the reappointment of N Kamakodi as the MD&CEO of the bank, City Union Bank said in a regulatory filing

It said Kamakodi's reappointment is for a further period of three years with effect from May 1, 2020. City Union Bank stock was trading 2.18 per cent down at Rs 128 on the BSE.

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