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IDFC Bank announces change in directorate

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Capital Market
Last Updated : Dec 09 2016 | 12:01 AM IST

With effect from 09 December 2016

IDFC Bank announced that the Board of Directors of the Bank has approved the appointment of Veena Mankar as the Non-Executive Chairperson of the Board w.e.f 09 December 2016 upto 26 July 2018, in place of Anil Baijal who would step down from the Board on 08 December 2016 consequent to his Reserve Bank of India ('RBI') approved tenure coming to an end. The appointment of the new Non-Executive Chairperson is subject to approval of the RBI.

Mankar has been an Independent Director of the Bank since 27 July 2015.

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First Published: Dec 08 2016 | 5:55 PM IST

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