Stock Report

Dr. Aditya Gaiha appointed as RBI Nominee Director in Indian Bank



Posted On : 2022-03-09 21:30:54( TIMEZONE : IST )

Dr. Aditya Gaiha appointed as RBI Nominee Director in Indian Bank

Dr. Aditya Gaiha as Director (RBI Nominee) on the Board of Directors of the Bank in place of Shri S K Panigrahy with immediate effect and until further orders.

Accordingly, Dr. Aditya Gaiha assumed the office of Director of the Bank on 08.03.2022 and Shri S K Panigrahy ceased to be Director of the Bank with effect from 08.03.2022.

Born on 04.01.1973, Dr. Aditya Gaiha is an Electrical and Electronics Engineer and a Physics graduate from BITS Pilani. He also has degrees in Law (LLB from Osmania University, Hyderabad) and Finance [M.Sc. (Investment Management) from Cass Business School, London]. He has completed his PhD in Economics from IIT Bombay. He is a Certified Associate of the IIB&F.

He has been working in the Reserve Bank of India since 1996 and has more than 25 years of work experience in the areas of Payment Systems and Information Technology, Banking and Non-Banking Supervision, Public Debt, Exchange Controls and Reserve Management. He has also worked with the SAARC Development Fund (Thimphu) as Director (Finance) and the IMF (HQ, Washington DC) as a Senior Financial Sector Expert.

Presently he is heading the Department of External Investments and Operations (DEIO) in the Central office of the Reserve Bank of India in Mumbai.

Shares of Indian Bank was last trading in BSE at Rs. 146.00 as compared to the previous close of Rs. 144.80. The total number of shares traded during the day was 249209 in over 4103 trades.

The stock hit an intraday high of Rs. 148.70 and intraday low of 142.95. The net turnover during the day was Rs. 36331367.00.

Source : Equity Bulls

Keywords

IndianBank INE562A01011 RBINominee Appointment