Her appointment will be for a period of three years w.e.f July 2, 2018
The rating agency says this is the first time investors in India have had to forgo interest on a bank capital instrument
Downgrade follows the bank's fall in its capital adequacy ratio to 7.51 per cent
The stock zoomed 20% to Rs 29.55 on the NSE in intra-day trade on the back of over five-fold jump in trading volumes.