Reserve Bank of India (RBI) has extended the term of Rajesh Kumar(R.K.) Chhibber as Chairman and Managing Director (CMD) of Jammu & Kashmir Bank for another 6 months, effective from October 10, 2020, or till the appointment of Managing Director(MD) and Chief Executive Officer(CEO), whichever is earlier. Prior to this, he got an extension of 3 months with effect from July 10, 2020.
About R.K. Chhibber:
- He joined J&K Bank as the Probationary Officer in the year 1982 and has led the bank in different capacities namely, as Vice-President in 2009 among others.
- He also served as the Chairman of J&K Grameen Bank.
- He was elevated as the Executive President on June 1, 2018.
Important takeaways for all competitive exams:
- Jammu & Kashmir(J&K) Bank Headquarters: Srinagar, Jammu & Kashmir.
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