RBI approves re-appointment of Prakash Chandra as Non-Executive Chairman of RBL Bank

The Reserve Financial institution of India has accepted the re-appointment of Prakash Chandra as Non-Govt (Half Time) Chairman of RBL Financial institution with impact from August three for a three-year interval.

“Chandra’s reappointment and revision in his remuneration had additionally been accepted by the Board of Administrators pursuant to the advice of the Nomination and Remuneration Committee of the Board, which shall be positioned for the approval of the Members of the Financial institution on the ensuing Annual Common Assembly,” RBL Financial institution mentioned in a inventory trade submitting on Wednesday.

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