With effect from 31 July 2014
Bank of Baroda announced that the Central Government, vide its notification dated 30 July 2014, has appointed S. S. Mundra, Chairman & Managing Director of the Bank as Deputy Governor, Reserve Bank of India for a period of three years from the date of his taking over charge of the post.Accordingly, he has been relieved from Bank of Baroda on 30 July 2014 on the close of working hours and therefore ceased to be Chairman & Managing Director of the Bank w.e.f. 31 July 2014.
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