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| Exchange Received Time 29/09/2018 17:59:51 Exchange Disseminated Time 29/09/2018 17:59:57 Time Taken 00:00:06 | In terms of the provisions of Section 10-A (2A) of the Banking Regulation Act, 1949, no director of a banking company, other than its Chairman or Whole-Time Director, can hold office continuously for a period exceeding eight years.
Mr. Partho Datta has completed his eight years' tenure at the close of business hours on September 29, 2018 and has accordingly relinquished his office as Director of the Bank.
The Board places on record its sincere appreciation of the contribution made by Mr. Datta during his tenure with the Bank and wishes him the best for his future endeavors.
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