The appointment has been made for a period of three years, the bank said.
Ahuja was appointed as the interim MD & CEO of the bank on December 25 after the abrupt exit of former chief of the bank Vishwavir Ahuja.
The committee will evaluate candidates for the position from "within and outside the bank", RBL Bank said.
The central bank is in the process of examining the request, CNBC TV 18 reported.
The bank's board has appointed current executive director Rajeev Ahuja as interim MD & CEO.
About the festive season, he said: "Festive season is important but at the same time this is a time to be careful. In retail businesses, the growth will remain elevated."
This is the second episode of Passion to Win, which showcases the entrepreneurial journey of all the winners of the EY Entrepreneur of the Year, 2016 Awards. On this is episode Vishwavir Ahuja, Chief Executive Officer of RBL Bank talks about his journey in the entrepreneurial world.
Vishwavir Ahuja, MD & CEO, RBL Bank is confident of an overall growth of 30-35 percent over the next couple of years and maintains loan growth of over 30 percent in FY17-18.
The bank is well diversified in its portfolio, which has helped mitigate risks, said Vishwavir Ahuja, MD & CEO of RBL. Alongwith that the bank has tried avoiding lending to risker assets like infrastructure in last 3-4 years.
Vishwavir Ahuja of RBL Bank said that over the last several years, the various investments we have made across the platforms in terms of tech products and services have started paying back handsomely.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com spoke about his reading of the market and his outlook on specific stocks and sectors.
Speaking to CNBC-TV18 MD & CEO Vishwavir Ahuja says the bank has been able to draw the attention of investors due to the right blend of traditional and technologically advanced banking services that it offers.
A change in leadership put the company on a firm growth path. Today, it‘s among India‘s top private sector banks