Private lender South Indian Bank has appointed V G Mathew as its Managing Director and Chief Executive Officer for three years.
"...The Reserve Bank of India has conveyed their approval for appointment of V G Mathew as MD & CEO of the Bank for a period of three years," the bank said in a filing to the BSE.
Mathew's appointment will come to effect from October 1, 2014.
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For the quarter ended June 30, the bank had posted net profit of Rs 126.65 crore, up from Rs 114.84 crore over the corresponding period a year ago.