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Central Bank Of India informs about change in composition of board of directors

29 Sep 2020 Evaluate

Central Bank Of India has informed that in exercise of the powers conferred by clause (c) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, read with sub-paragraph (1) of paragraph 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970, the Central Government through Notification No. F.No.6/3/2011-BO.I dated 28th September 2020, nominated P.J. Thomas as Director in place of existing Director namely- Thomas Mathew on the Board of Central Bank of India with immediate effect and until further orders. P.J Thomas is the retired Chief General Manager of Reserve Bank of India.

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

Peers
Company Name CMP
State Bank Of India 980.00
PNB 123.90
Bank Of Baroda 241.50
Canara Bank 119.75
Union Bank Of India 186.15
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