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Vijaya Bank informs about change in directorate

18 Aug 2015 Evaluate

Vijaya Bank has informed that the Govt. of India vide its notification dated August 14, 2015 has appointed Gopalakrishnan Narayanan as Part Time Non-official director as well as Non-Executive Chairman of the Bank under Clause (h) of Sub Section (3) of Section 9 of The Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 & clause 5 of The Nationalized Banks (Management and Miscellaneous Provisions) Scheme 1970/1980 for a period of three years from the date of notification of his appointment or until his attaining the age of 70 years, or until further orders, whichever is earliest. Further the appointment is subject to outcome of Writ Petition (c) No.445 of 2015 in the Supreme Court in the matter of All India Bank Officers Confederation Vs Union of India & others.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
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