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Syndicate Bank Ltd Announces Appointment Of Chairman And Managing Director

Tuesday, 9 Jul 2013 01:25am EDT 

Syndicate Bank Ltd announced that in exercise of the powers conferred by of clause (a) sub-section (3) of Section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 and sub-clause (1) of Clause 8 of The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government has appointed Sri Sudhir Kumar Jain, Executive Director, Bank of Baroda as the Chairman and Managing Director of the Bank for a period of five years from the date of his taking over charge or until further orders, whichever is earlier. 

Company Quote

0.8 +0.69%
6:23am EDT