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Axis Bank announces cessation of director

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Capital Market

With effect from 15 January 2021

Axis Bank announced that Rohit Bhagat, Independent Director of the Bank has ceased to be an Independent Director of the Bank, with effect from the close of business hours on Friday, 15 January 2021, upon completion of the maximum permissible tenure of 8 continuous years, under Section 10A(2A) of the Banking Regulation Act, 1949.

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First Published: Jan 15 2021 | 6:53 PM IST

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