Srinagar, Oct 27: The Reserve Bank of India (RBI) on Wednesday approved the candidature of Baldev Prakash as Managing Director (MD) and Chief Executive Officer (CEO) of Jammu and Kashmir Bank for a period of three years.
A document available reads that “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that the Reserve Bank of India has vide letter no. DOR.GOV.No.1865/08.39.001/
The new MD J&K Bank as per the document has experience of 30 years in the banking industry. Baldev Prakash is currently working as Chief General Manager (CGM) at SBI Corporate Centre, Mumbai.