On Tuesday, Axis Bank gained clearance from the Reserve Bank of India (RBI) to nominate Munish Sharda as executive director.
In our letter dated October 26, 2023, we communicated that the Bank’s Board of Directors has given their approval for the appointment of Munish Sharda as a Whole-time Director, holding the designation of ‘Executive Director’ at the Bank. This includes details regarding his terms, conditions, and remuneration. The appointment is effective either from (i) November 1, 2023, or (ii) the date of approval by the Reserve Bank of India (‘RBI’), whichever occurs later. This information was disclosed in an exchange filing by the company.
Regarding this matter, we would like…
Read More…