IDBI Bank has informed that Govt. of India, ministry of finance, department of financial services have, vide their letter dated December 09, 2011 (received by Company on December 22, 2011) appointed Pradeep Kumar Chaudhery, Secretary, Dept. of Industrial Policy and Promotion, Ministry of Commerce and Industry, Govt. of India as Government Director on the Board of Directors of IDBI Bank Ltd. in place of R. P. Singh, for a period of three years or until further orders, whichever is earlier.
The above information is part of the company’s filing submitted to the BSE.