Andhra Bank announces cessation of nominee director

Image
Capital Market
Last Updated : Feb 18 2015 | 7:46 PM IST

On 18 February 2015

Andhra Bank announced that the Government of India, Ministry of Finance, Department of Financial Services, New Delhi, vide its Notification dated 18 February 2015, advised that Nagi Reddy Venkata Ramana Reddy, who was appointed as Part Time Non-Official Director on the Board of the Bank, vide its Notification dated 15 October 2013, shall cease to be a Non-Official Director on the Board of the Bank with immediate effect. It is further informed that the said Notification is issued in terms of Clause 9(1) of the Nationalised Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980.

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 18 2015 | 7:23 PM IST

Next Story