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| Exchange Disseminated Time 22/07/2016 17:36:57 | With reference to the earlier intimation letter dated May 12, 2016 informing about the appointment of Dr. Sanjiv Misra, as the Non Executive (Part-Time) Chairman of the Bank for a period of 5 years w.e.f. May 12, 2016 upto May 11, 2021, subject to the approval of Reserve Bank of India (RBI) and Shareholders of the Bank, AXIS Bank Ltd has now informed BSE that the RBI vide its letter dated July 18, 2016 granted its approval for the said appointment for a period of 3 years w.e.f. July 18, 2016 upto July 17, 2019 (both days inclusive).
Accordingly, the appointment of Dr. Sanjiv Misra, as the Non Executive (Part-Time) Chairman of the Bank for a period of 3 years w.e.f. July 18, 2016 upto July 17, 2019 in light of the said RBI approval and arrange to bring this to the notice of all concerned. |
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