The board of administrators of RBL Bank has permitted the re-appointment of Vishwavir Ahuja because the Managing Director and CEO of the financial institution for 3 years. The re-appointment is with impact from June 30, 2021, to June 29, 2024, and the identical is being advisable to the Reserve Bank of India and shall be topic to their approval, the financial institution stated in a regulatory submitting. He has been MD & CEO of RBL Bank since June 30, 2010.
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Prior to becoming a member of RBL Bank, he was the MD & CEO of Bank of America, India, from 2001 to 2009. As per the regulatory submitting, underneath Ahuja’s management, the deposits of the financial institution have grown nearly 40 occasions, whereas advances have grown greater than 45 occasions since 2011.
Important takeaways for all aggressive exams:
- RBL Bank Ltd Incorporated: 1943, underneath the Indian Companies Act, 1913
- RBL Bank Ltd Headquarters: Mumbai, Maharashtra.
- RBL Bank Ltd Tagline: Apno Ka Bank.
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