RBI approves interim appointment of MD and CEO in RBL Bank Ltd

RBL Bank Ltd had earlier announced the approval of the Board of Directors of the Bank for the appointment of Mr. Rajeev Ahuja (DIN 00003545) as interim Managing Director & CEO of the Bank subject to regulatory and other approvals.

Reserve Bank of India (RBI) vide its letter no DOR. GOV. No. S 3219/08.49. 001/ 2021-22 dated December 29, 2021, has approved the appointment of Mr. Rajeev Ahuja as Interim Managing Director & CEO of the Bank for a period of three months with effect from December 25, 2021 or till the appointment of a regular MD & CEO, whichever is earlier.

Shares of RBL Bank Limited was last trading in BSE at Rs. 144.30 as compared to the previous close of Rs. 145.65. The total number of shares traded during the day was 1376932 in over 10435 trades.

The stock hit an intraday high of Rs. 146.90 and intraday low of 142.65. The net turnover during the day was Rs. 200036866.00.

Source : Equity Bulls

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RBLBank INE976G01028 RBIApproval Appointment MD CEO