Indian Bank has informed that in exercise of the powers conferred by clause (a) 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 6 and sub-clause (1) of clause 8 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970 / 1980, the Central Government, after consultation with the Reserve Bank of India, vide Notification dated November 02, 2015, has appointed Mahesh Kumar Jain, Executive Director, Indian Bank as MD & CEO, Indian Bank, for a period of three years from the date of taking over the charge of the post or till the date of his superannuation or till further orders, whichever is earliest. Mahesh Kumar Jain assumed charge as MD & CEO of Indian Bank on November 02, 2015.
The above information is a part of company’s filings submitted to BSE.
| 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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