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Jul 27, 2013, 12.21 PM IST | Source: Moneycontrol.com

Dr. Rajat Bhargava appointed as government nominee director on Canara Bank board

The Central Government, hereby nominate Dr. Rajat Bhargava, Joint Secretary, Department of Economic Affairs, Government of India, as Government Nominee Director on Canara Bank board.

Canara Bank has informed BSE that in exercise of the powers conferred by clause (b) of Sub-Section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, hereby nominate Dr. Rajat Bhargava, Joint Secretary, Department of Economic Affairs, Government of India, as Government Nominee Director on the Board of Directors of Canara Bank, in place of Smt. Sudha Krishnan, with immediate effect and until further orders, vide notification dated July 26, 2013 of Department of Financial Services, Ministry of Finance, Government of India.Source : BSE

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