Bank of Maharashtra has informed that the Government of India, Ministry of Finance, Department of Financial Services, vide its notification dated June 10, 2014, has nominated Shri G. Sreekumar CGM,DGBA Department of Government and Bank Accounts, Reserve Bank of India, Mumbai, on the Board of Bank of Maharashtra with immediate effect.
Bank of Maharashtra has informed BSE that in exercise of the powers conferred by Clause (c) of sub-section 3 of Section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with Sub-clause (1) of clause 3 of The Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, The Government of India, Ministry of Finance, Department of Financial Services, vide its notification dated June 10, 2014, has nominated Shri G. Sreekumar CGM,DGBA Department of Government and Bank Accounts, Reserve Bank of India, Mumbai, on the Board of Bank of Maharashtra with immediate effect and until further orders.This nomination is made in place of existing Director Dr. S. Rajagopal.Source : BSE
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