MUMBAI May 8 (Reuters) - State-run Bank of Baroda (BOB.BO) said on Thursday the federal government has appointed M.D. Mallya as the chairman and managing director of the bank.
Mallya, who was earlier the chairman and managing director of state-run Bank of Maharashtra (BMBK.BO), took over his new assignment from Wednesday and would continue until November 30, 2012 or until further orders, the bank said in a statement.
(Reporting by Kaustav Roy; Editing by Prem Udayabhanu)
Trending On Reuters
Hundreds of Nepalis, angered and frustrated by the government's slow response, were digging through rubble themselves on Tuesday to find remains of their loved ones after a devastating earthquake three days ago killed more than 4,000 people. Full Article | Pictures