Wednesday, July 1, 2020

Government extends Union Bank of India CEO Rajkiran Rai's term by another two years

In a notification, SR Mehar,deputy secretary in the department of financial services in the Ministry of Finance, said Rai's term which was ending on Tuesday has been now extended until May 31 2022.

MUMBAI: The government has extended Union Bank of India (UBI) CEO Rajkiran Rai's term by another two years until his retirement on May 31 2022.

In a notification, SR Mehar, deputy secretary in the department of financial services in the Ministry of Finance, said Rai's term which was ending on Tuesday has been now extended until May 31 2022.

Rai had taken over a CEO of the Mumbai-based lender on July 1, 2017.

About Deval Mishra
We bankers is a voluntary Organization of bankers in India whether Officers or Workmen-whether working or Retired. It has been established for heralding the voice of Bankers across India and is committed to bring back the lost glory, dignity and self respect of bankers which have since been lost through last 5 Bipartite Settlements.