Karur Vysya Bank Ltd has informed BSE regarding "Approval from Reserve Bank of India for Re-appointment of Dr. Meena Hemchandra as Part-time Chairperson of the Bank".
KARURVYSYA · price
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Karur Vysya Bank has received approval from the Reserve Bank of India for the re-appointment of Dr. Meena Hemchandra as Part-time Chairperson of the Bank. The re-appointment is for a period of three years, effective from July 25, 2025 to July 24, 2028. The approval was granted under Section 10B(1A)(i) of the Banking Regulation Act, 1949. The bank has informed both NSE and BSE about this development as per SEBI Listing Regulations.
This is a routine regulatory approval ensuring continuity in board leadership, providing stability in governance for shareholders with no material change in business direction.