DCB Bank, RBL, Federal Bank bosses' terms to come up for renewal

RBI decision will clarify its stand on 15-year cap mentioned in discussion paper

The tenures of corner-room occupants at three private banks — DCB Bank, RBL Bank, and Federal Bank — will be up for review in 2021, and will make it clear if the Reserve Bank of India (RBI) will hardcode the maximum tenure for the helmsmen at 15 years.

First up will be Murali Natarajan’s term as managing director (MD) and chief executive officer (CEO) of DCB Bank, which ends on April 28, followed by Vishwavir Ahuja at RBL Bank on June 30, and Shyam Srinivasan of Federal Bank on September 22. While the trio is well within the maximum 70-year