RBI Extends R K Chhibber’s Term As J&K Bank CMD For 6 More Months

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SRINAGAR: The Reserve Bank of India (RBI) has extended the tenure of Jammu and Kashmir Bank Chairman and Managing Director (CMD) R K Chhibber by another six months on Wednesday.

R K Chhibber

“Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to intimate that the Reserve Bank of India has extended the term of Mr. R. K. Chhibber, Chairman and Managing Director of the Bank by a further period of six months with effect from 10th October 2020 or till the appointment of MD & CEO, whichever is earlier,” reads the order issued by Mohammad Shafi Mir Company Secretary JK Bank.

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