7th-Sep-2012 15:56Source: BSE

PNB - Change in Directorate

Punjab National Bank has informed BSE that Govt. of India, Ministry of Finance, Department of Financial Services vide Notification dated September 06, 2012. in exercise of the powers conferred by clause (c) of sub-section (3) of Section 9 of the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 of the Nationalised Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, has nominated Shri. N. S. Viswanathan, Regional Director Reserve Bank of India, Chennai, as Director on the Board of the Bank with immediate effect and till further orders, in place of Shri. Jasbir Singh.