In a filing to the Bombay Stock Exchange (BSE) today Development Credit Bank (DCB) has informed that Murali Natarajan has been appointed as an additional director of the of the bank with effect from April 29.
Natarajan has also been appointed as the managing director and chief executive officer of the bank for a period of three years starting April 29.
The company stock was trading 0.61 per cent lower at Rs 24.45 on the BSE as compared to its previous close of Rs 24.60.