City Union Bank gets RBI not for reappointing MD&CEO
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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First Published: Apr 21 2020 | 1:54 PM IST