City Union Bank receives RBI nod for new ED

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SENSEX 75,692.78

+ 1,233.25

NIFTY 23,440.80

+ 387.70

NIFTY 23,440.80

+ 387.70

CRUDEOIL 9,231.00

 -706.00

CRUDEOIL 9,231.00

 -706.00

GOLD 140,351.00

+ 1,866.00

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Executive President to serve a three-year term as Whole-time Director, subject to Board approval.

By BL Chennai Bureau

Updated - November 02, 2026 at 08:34 PM.

Private sector lender City Union Bank said on Monday that the RBI had approved the appointment of Sankaran G, currently the bank’s Executive President, as Whole-time Director (Executive Director) for a three-year term from the date he assumes charge.

The bank said it would take the necessary steps to induct him onto its Board as a Whole-time Director, designated as Executive Director, in due course. A separate communication would be made to the stock exchange after the Board approves his appointment, it added.

Published on November 2, 2026

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