RBL Bank down 15% with CEO on medical leave
The Hindu
The bank named Rajeev Ahuja as interim managing director and CEO.
Shares of RBL Bank Ltd dived 15% in early trading on Monday after the company's and the Reserve Bank of India (RBI) named an additional director to RBL's board over the weekend.
RBL said on Saturday the central bank appointed Yogesh Dayal, chief general manager at RBI, as an additional director for two years.
RBL's board accepted a request from Vishwavir Ahuja, managing director and chief executive officer, to proceed on medical leave with immediate effect, the company said on Saturday.
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