CMD of J&K Bank, R.K. Chhibber gets another 6 months extension by RBI

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.

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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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