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Saturday, November 9, 2013

Sushil Muhnot is new CMD of BoM

Bank of Maharashtra has a new Chairman and Managing Director in Sushil Muhnot.

Prior to this appointment, Muhnot was Chairman of Small Industries Development Bank of India since April 2012.

Muhnot will assume charge as CMD of Bank of Maharashtra in Mumbai on Saturday. He will be taking charge at a challenging time for the bank, which recently saw huge increase in non-performing assets and sharp reduction in bottom-line.

Source: thehindubusinessline

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