RBI approves re-appointment of Prakash Chandra as Non-Executive Chairman of RBL Bank
The Reserve Bank of India has given its approval for the re-appointment of Prakash Chandra as Non-Executive (Part-Time) Chairman of RBL Bank with effect from August 2021. Prakash Chandra will serve as a Non-Executive (Part-Time) Chairman of RBL Bank for a period of three years.
RBL Bank has said in a statement:
- Chandra’s reappointment and revision in his remuneration had also been approved by the Board of Directors pursuant to the recommendation of the Nomination and Remuneration Committee of the Board, which shall be placed for the approval of the Members of the Bank at the ensuing Annual General Meeting,”.
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