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CANARA BANK - Change in Directorate


21 Oct 2014
Canara Bank has informed BSE that Shri G V Sambasiva Rao, was appointed as Workmen Employee Director on the Board of Directors of the Bank, for a period of 3 years from the date of notification or until further orders whichever is the earlier, vide notification dated October 21, 2011 by Ministry of Finance, Government of India, in exercise of the powers conferred by clause (e) of Sub-Section 3 of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) and (2) of clause 9 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980.<br/><br/>The term of the said Director completed on October 20, 2014 and ceased to be a Director on the Board of the Bank on the said date.

Source: BSE India

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