Wednesday, September 12, 2012

RBI Nominee Director on the board of Bank of India

Bank Of India has informed the Exchange that "In terms of Notification No.F.No.6/3/2011-BO.I dated 06.09,2012, Government of India has nominated Shri P. R. Ravimohan, Regional Director, Reserve Bank of India, Bhopal as Reserve Bank of India Nominee Director of the Bank in place of Shri P. K. Panda with immediate effect and until further orders under Clause (c) of Sub-Section 3 of Section 9 of The Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970/1980 read with Sub-Clause (1) of Clause 3 of the Nationalised Banks (Management & Miscellaneous Provision) Scheme 1970/1980".

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