ESAF SFB Reappoints K Paul Thomas as MD & CEO
ESAF Small Finance Bank has received RBI approval for the re-appointment of K Paul Thomas as Managing Director & CEO for another three years.
New Delhi, Jul 17 (PTI) ESAF Small Finance Bank on Wednesday said it has received the Reserve Bank of India's (RBI's) nod for re-appointment of K Paul Thomas as its Managing Director & CEO for another three years.
This approval was communicated via the RBI's letter dated May 16, 2024, granted under the Banking Regulation Act, 1949, the bank said in a statement.
The bank will seek approval of the shareholders for the said re-appointment within the prescribed period, it said.
Additionally, Paul Thomas is the Chairman of the Board of Sa-Dhan, the association of microfinance and impact finance institutions, it added.
This approval was communicated via the RBI's letter dated May 16, 2024, granted under the Banking Regulation Act, 1949, the bank said in a statement.
The bank will seek approval of the shareholders for the said re-appointment within the prescribed period, it said.
Additionally, Paul Thomas is the Chairman of the Board of Sa-Dhan, the association of microfinance and impact finance institutions, it added.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 8.02 ( -0.99)
- 49889822
- Standard Capital
- 0.55 (+ 3.77)
- 14779087
- G G Engineering
- 0.95 (+ 5.56)
- 6068710
- GTL Infrastructure
- 1.47 ( -2.00)
- 2836928
- Guj. Toolroom Lt
- 1.45 ( -1.36)
- 2827256
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback