Reserve Bank of India for Appointment of Dr. Meena Hemchandra as Part Time Chairman of the Bank KARUR VYSYA BANK LIMITED
Dr. Meena Hemchandra’s candidature for the position of
Non-executive Independent (Part-timed Chairperson of the Bank to RBI for
their approval, we wish to inform that in terms of section IOB(IAI(i) of the
Banking Regulation Act, 1949, Reserve Bank of India vide their letter
accorded their approval for appointment of Dr. Meena Hemchandra as Part Time
Chairman of the Bank as per the terms and conditions, for a period of three
years with effect from the date of taking charge.