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City Union Bank gets RBI not for reappointing MD&CEO

Apr 21, 2020, 13:55 IST

PTI

New Delhi, Apr 21 () 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. KPM ANUANU

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