Ex-RBI Deputy Governor made Bandhan Bank's non-executive Chairman

Mumbai: Bandhan Bank on Tuesday said that its Board has appointed former Reserve Bank of India's Deputy Governor Harun Rashid Khan as its non-executive, part time Chairman.

According to a BSE filing, Khan has been appointed at a remuneration of Rs 24 lakh per annum for a period of three years with effect from June 5 or 'till the expiry of his term as an Independent Director whichever is earlier'.

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The appointment is subject to approval by the RBI and the shareholders in the ensuing annual general meeting of the Bank.