Bandhan Bank on Thursday that it has received the approval of the Reserve Bank of India (RBI) for appointing Rajinder Kumar Babbar as whole-time director of the private lender.
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The bank said in a statement that Babbar will be designated as executive director of the bank for a period of three years from the date of taking charge.
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Babbar has over 35 years of experience across the banking sector and spent more than 23 years in various leadership roles with HDFC Bank.