RBL Bank has announced that the Reserve Bank of India (RBI) has granted approval for the re-appointment of R.Subramaniakumar as the managing director and chief executive officer (MD & CEO) of the bank.
R. Subramaniakumar has been appointed as the MD & CEO of the bank for a three-year term, starting from 23 June 2025 to 22 June 2028, subject to RBI and shareholders approval.R Subramaniakumar is a veteran in the Banking industry with over 40 years of experience. He is a Physics graduate with a PGDCA (Post Graduate Diploma in Computer Application) degree. He has acquired CISA (Certified Information System Audit) & CISM (Certified Information Security Manager) certifications from ISACA, USA. A Banker with CAIIB (Certified Associate of Indian Institute of Bankers), he also holds Advanced Banking Certificate from University of Maryland, USA.
RBL Bank is a private sector bank. It offers specialized services under five business verticals, namely: corporate banking, commercial banking, branch & business banking, retail assets, and Treasury & Financial Markets operations. '
The bank's net profit fell 24.3% to Rs 222.52 crore on a 20.1% increase in total income to Rs 4458.29 crore in Q2 FY25 over Q2 FY24.
The scrip declined 0.75% to Rs 172.10 on the BSE.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
 "President Murmu pays homage to heroes of 1971 war on Vijay Diwas")
 "Mukesh Ambani and Gautam Adani")
 "Market, BSE, NSE, NIfty, Stock Market, investment")
 "Gaza, Israel-Gaza war")
 "Port cargo, port, trade, cargo")
