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Thursday, June 10, 2021

RBI approved re-appoint Chandra Shekhar Ghosh as its MD and CEO for three years, Bandhan Bank

RBI nod for Ghosh's re-appointment as Bandhan Bank MD and CEO for three years : Bandhan Bank has received RBI nod to re-appoint Chandra Shekhar Ghosh as its MD and CEO for three years, lower than the five-year tenure approved by the company's board in November last year. "The Reserve Bank of India vide its communicated dated June 8, 2021, has granted approval for re-appointment of Chandra Shekhar Ghosh, Managing Director & Chief Executive Officer (MD&CEO) of the bank, for a period of three years, with effect from July 10, 2021," the lender said in a regulatory filing on Tuesday. On November 2, 2020, the board of the bank had approved re-appointment of Ghosh as the MD and CEO for a period of five years with effect from July 10, 2021, subject to approval of the RBI and shareholders. - economic times

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8th Pay Commission Update: Performance Based Salary may be introduced for Government Employees

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