Director Tenure Completion at Karur Vysya Bank Limited
A director at Karur Vysya Bank Limited has demitted office following the completion of his eight-year tenure, the bank announced on June 24, 2026.Shri R Ramkumar, a Non-Executive Non-Independent Director of the financial institution, ended his tenure consequent to meeting the duration specified under Section 10A(2A)(i) of the Banking Regulation Act, 1949. His departure was recorded at the close of office hours on June 24, 2026.
The details regarding this change in directorship are summarized below:
| Description | Details |
|---|---|
| Reason for change | Completion of tenure of 8 years in terms of Section 10A(2A)(i) of the Banking Regulation Act, 1949. |
| Date of Cessation | At the close of office hours on June 24, 2026 |
The bank confirmed that no information was available regarding his brief profile or any disclosure of relationship between directors related to this change.
KARURVYSYA Stock Price Movement
Today, shares of Karur Vysya Bank Limited edged up, settling at ₹294.95 after closing higher by 0.05% for the day. The stock traded within an intraday range, reaching a high of ₹295.65 and bottoming out at ₹289.30.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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