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Exchange Disseminated Time | Punjab National Bank has informed BSE that Shri K. R. Kamath, Chairman and Managing Director appointed in the Bank with effect from October 28, 2009 under clause (a) of 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 has demitted the office of the Chairman and Managing Director of the Bank with effect from October 28, 2014 on completion of his tenure of five years on October 27, 2014. |
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