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IndusInd Bank

31st-Oct-2019 19:13Source: BSE

IndusInd Bank - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Subject: Appointment of MD & CEO:

Pursuant to the recommendation of the Nomination and Remuneration Committee ('NRC'), the Board of Directors of the Bank, at its meeting held on October 30, 2019 has finalised a potential candidate for the position of MD & CEO.

As mandated under the extant RBI norms, the Bank has submitted an application to the Reserve Bank of India (RBI), seeking approval for the appointment of the new MD & CEO of the Bank.

On receipt of the RBI approval, the Bank shall duly make the requisite disclosures to the Stock Exchanges, in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 (SEBI LODR Regulations).

In this connection, our Bank will issue a Press Release today. A copy of the same is enclosed for your kind perusal and record.

In compliance with Regulation 30(8) of SEBI LODR Regulations, the information is being hosted on the Bank''s website at

Kindly take the above information on record.

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