"The board of directors have approved the appointment of Mr. R Subramaniakumar as Managing Director & CEO of the Bank for a period of three years with effect from date of his taking charge, under Section 35B of the Banking Regulation Act 1949," read the readout.source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbl-bank-appoints-r-subramaniakumar-as-new-md-ceo/articleshow/92149830.cms
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