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IDBI Bank announces cessation of director

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Capital Market

With effect from 29 July 2015

IDBI Bank announced that consequent upon attaining the age of 70 years and completion of initial four year term as Independent Director of the Bank as per the provisions of Article 116(1)(e) read with Article 116A(i) of the Articles of Association of the Bank, P.S. Shenoy ceased to be Independent Director of IDBI Bank with effect from the close of business on 29 July 2015.

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First Published: Jul 30 2015 | 1:52 PM IST

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