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RBI approves appointment of Amitava Chatterjee as MD& CEO of J&K Bank

SO NEWS Desk by SO NEWS Desk
December 24, 2024
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Srinagar: Security personnel outside the J&K Bank where raids by the state Anti-Corruption Bureau (ACB) are underway, in Srinagar on June 8, 2019. Within hours after the Jammu and Kashmir government sacked J&K Bank Chairman Parvez Ahmed, sleuths of ACB raided his office and residence in Srinagar. (Photo: IANS)

Srinagar: Security personnel outside the J&K Bank where raids by the state Anti-Corruption Bureau (ACB) are underway, in Srinagar on June 8, 2019. Within hours after the Jammu and Kashmir government sacked J&K Bank Chairman Parvez Ahmed, sleuths of ACB raided his office and residence in Srinagar. (Photo: IANS)

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SRINAGAR, DEC 24 – The RBI has approved appointment of Amitava Chatterjee as Managing Director & Chief Executive Officer of Jammu & Kashmir Bank.

According to a RBI communique, Chatterjee (holding a key position in State Bank of India)would hold the position for a period of three years w. e.f December 30, 2014.

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“In case Shri Chatterjee is not able to take charge as MD&CEO on December 30, 2024, the bank is advised to immediately propose a suitable interim arrangement (to be made effective post the close of business hours on December 29, 2024) for RBI’s approval, along with a copy of the Board’s resolution, “reads the communique.

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