Karnataka Bank has received Reserve Bank of India nod for reappointment of Mahabaleshwara M S as MD and CEO for next 3 years. Mahabaleshwara took charge as MD & CEO of Karnataka Bank on April 12, 2017 and has over 29 years of banking experience both at administrative and operational levels. The RBI has also approved for reappointment of P Jayarama Bhat as part-time (non-executive) chairman to hold office up to November 13, 2021.
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