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AXIS Bank appoints Chairman

08 Mar 2013 Evaluate

With reference to the earlier announcement regarding Outcome of Board Meeting held on January 16, 2013, AXIS Bank has now informed that RBI vide its letter dated March 06, 2013 has approved the appointment of Dr Sanjiv Misra, former Secretary, Department of Expenditure, Ministry of Finance, Government of India as the Non-Executive Chairman of the Bank w.e.f. March 08, 2013. Accordingly, Dr. Sanjiv Misra has taken charge as the Non-Executive Chairman of the Bank w.e.f. March 08, 2013.

Further, on expiry of the term as Chairman on March 07, 2013, Dr. Adarsh Kishore has tendered his resignation effective from March 08, 2013. He has also ceased to be a Director of the Bank from this date.

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

Peers
Company Name CMP
HDFC Bank 728.10
ICICI Bank 1396.80
Axis Bank 1286.45
Kotak Mahindra Bank 446.00
Indusind Bank 874.00
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