Syndicate Bank announces cessation of Chairman cum MD

With immediate effect

Syndicate Bank announced that the Central Government (vide their letter dated 22 September 2014), in terms of Sub-Clause (1A) of Clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980 has terminated the term of office of Sudhir Kumar Jain as Chairman and Managing Director of the Bank with immediate effect.

Powered by Capital Market - Live News