RBL Bank rose 2.82% to Rs 251.25 after the bank said its board approved the re-appointment of Vishwavir Ahuja as the managing director & chief executive officer for three years.
In a regulatory filing made post market hours on Monday, the private lender said that the nomination and remuneration committee of the board had approved the re-appointment of Vishwavir Ahuja as the managing director & chief executive officer of the bank for a period of three years, with effect from 30 June 2021 to 29 June 2024.
The bank has recommended the same to the Reserve Bank of India and the appointment shall be subject to their approval.