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IDBI Bank changes its director

23 Dec 2011 Evaluate

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. 

Peers
Company Name CMP
HDFC Bank 707.10
ICICI Bank 1354.10
Axis Bank 1259.00
Kotak Mahindra Bank 440.10
Indusind Bank 862.45
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