City Union Bank gets RBI nod for reappointing N Kamakodi as MD and CEO for 3 years

Private sector lender City Union Bank on Tuesday said it has got RBI nod for reappointment of MD and CEO N Kamakodi

Press Trust of India April 21, 2020 18:34:23 IST
City Union Bank gets RBI nod for reappointing N Kamakodi as MD and CEO for 3 years

New Delhi: Private sector lender City Union Bank on Tuesday said it has got RBI nod for reappointment of MD and CEO N Kamakodi.

City Union Bank gets RBI nod for reappointing N Kamakodi as MD and CEO for 3 years

Representational image. Reuters.

The Reserve Bank of India has given its approval vide e-mail dated 20 April, 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 1 May, 2020.

City Union Bank stock was trading 2.18 percent down at Rs 128 on the BSE.

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