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RBI gives nod for Rajeev Ahuja as RBL Bank's interim MD & CEO

This approval is for a period of three months with effect from December 25, 2021 or till the appointment of a regular MD & CEO, whichever is earlier

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Abhijit Lele Mumbai
Reserve Bank of India (RBI) has approved the appointment of Rajeev Ahuja as interim Managing Director and Chief Executive Officer (CEO) of RBL Bank for upto three months.

This approval is for a period of three months with effect from December 25, 2021 or till the appointment of a regular MD & CEO, whichever is earlier, the bank informed BSE. On Thursday, the lender's stock was trading lower by 7.17 per cent at Rs 133.95 per share on BSE.

Rajeev Ahuja was appointed as interim MD & CEO on December 25, 2021 after its regular MD & CEO Vishwavir Ahuja