Tamilnad Mercantile Bank Ltd - Tamilnad Mercantile Bank Limited Has Informed The Exchange Regarding ''Intimation On The Process Of Appointment Of Executive Director Of The Bank''
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| 09 Jul 2024 | |
| Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform that, based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Bank in their meeting held today i.e., July 09, 2024, have finalized the names of 2 candidates, in the order of preference, for the position of Executive Director of the Bank, in accordance with the Banking Regulation Act, 1949 and the extant norms prescribed by the Reserve Bank of India ("RBI"). As per the extant RBI norms, the Bank is in the process of submitting an application to RBI with the names of the 2 candidates in the order of preference, seeking approval for the appointment of Executive Director of the Bank. On receipt of the RBI approval, the Bank shall duly make the requisite disclosures pursuant to the SEBI Listing Regulations. | |
| View all announcements for Tamilnad Mercantile Bank Ltd | Source: BSE India |
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