RBL Bank: Rajeev Ahuja appointed new MD

Ratnakar Bank Limited’s board has appointed Rajeev Ahuja, who’s currently working as the Executive Director at the bank, as interim Managing Director & Chief Executive Officer of the bank with immediate effect, subject to the regulatory and other approvals. The board of directors at its meeting has accepted the request of Vishwavir Ahuja, Managing Director, and CEO of the bank, to proceed on leave with immediate effect.

In June, the Reserve Bank of India had approved the re-appointment of Ahuja, but only for a year as against the 3-year extension sought by the bank.

Important takeaways for all competitive exams:

• RBL Bank Founded: 1943;
• RBL Bank Headquarters: Mumbai, Maharashtra;
• RBL Bank CEO & MD: Vishwavir Ahuja;
• RBL Bank Tagline: Apno Ka Bank.