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Monday, June 3, 2013

B.K. Batra appointed interim CMD of IDBI Bank

B.K. Batra has been given interim charge as the Chairman & Managing Director of IDBI Bank.

Batra, who is currently the Deputy Managing Director, has been given interim charge of the bank following R.M. Malla’s superannuation as CMD on May 31.

In a notice to the BSE, IDBI Bank said Batra will exercise the powers of CMD with the approval of the board of directors / Managing Committee of the Bank, as the case may be, till such time that a regular incumbent is appointed by the Government.

Source: thehindubusinessline


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