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RBI approves re-appointment of Murli Natarajan as MD-CEO of DCB Bank

RBI approves re-appointment of Murli Natarajan as MD-CEO of DCB Bank_50.1

The Reserve Bank of India (RBI) has approved an extension in the tenure of Murli M Natarajan as the managing director and chief executive officer (MD & CEO) of DCB Bank for a period of two years. His extended term will be applicable from April 29, 2022, to April 28, 2024. Natrajan is serving as MD & CEO of the bank since April 2009.

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RBI has capped the tenure of bank chief executives at 15 years and Natrajan will complete 15 years at the helm of the bank in 2024. The re-appointment as above is subject to the approval of shareholders at the ensuing annual general meeting of the bank.

Important takeaways for all competitive exams:

  • DCB Bank Headquarters: Mumbai;
  • DCB Bank CEO: Murali M. Natrajan (29 Apr 2009–);
  • DCB Bank Founded: 1930.

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RBI approves re-appointment of Murli Natarajan as MD-CEO of DCB Bank_60.1

RBI approves re-appointment of Murli Natarajan as MD-CEO of DCB Bank_70.1

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