Federal Bank CEO gets 3-year extension

timesofindia.indiatimes.com
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India Business News: The Reserve Bank of India (RBI) on Friday approved the reappointment of Shyam Srinivasan as the MD & CEO of Federal Bank for three years with eff
MUMBAI: The Reserve Bank of India RBI ) on Friday approved the reappointment of Shyam Srinivasan as the MD & CEO of Federal Bank for three years with effect from September 23 this year till September 22, 2024.Srinivasan has been in charge of the Kerala-based bank since September 23, 2010 and has completed three terms as CEO. An earlier request for a three-year term resulted in an RBI approval up to September 2021.In April this year, the RBI came out with fresh regulations capping the tenure of…
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