 "South Indian Bank appoints V G Mathew as new MD & CEO")
Private lender South Indian Bank has appointed V G Mathew as its Managing Director and Chief Executive Officer for three years.
"...The Reserve Bank of India has conveyed their approval for appointment of V G Mathew as MD & CEO of the Bank for a period of three years," the bank said in a filing to the BSE.
Mathew's appointment will come to effect from October 1, 2014.
For the quarter ended June 30, the bank had posted net profit of Rs 126.65 crore, up from Rs 114.84 crore over the corresponding period a year ago.
"...The Reserve Bank of India has conveyed their approval for appointment of V G Mathew as MD & CEO of the Bank for a period of three years," the bank said in a filing to the BSE.
Mathew's appointment will come to effect from October 1, 2014.
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He was the Executive Vice President of the bank earlier.
For the quarter ended June 30, the bank had posted net profit of Rs 126.65 crore, up from Rs 114.84 crore over the corresponding period a year ago.