Shares of South Indian Bank rose the most in over three weeks on Thursday after shortlisting candidates for the positions of managing director and chief executive officer.The board approved a panel of candidates for the positions of managing director and chief executive officer, according to an exchange filing.According to the Reserve Bank of India’s norms, the bank will now submit its application to the RBI with the names of the candidates in order of preference, seeking approval for the appointment of the positions.The bank also announced the appointment of General Manager Nandakumar G as the head of inspection and vigilance department;, head of internal audit, and chief of internal…
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South Indian Bank Shares Rise After Board Shortlists Managing Director, CEO Candidates
