Amid RBL Bank chief Vishwavir Ahuja stepping down, the lender has said its fundamentals remain intact
A day after RBL Bank Managing Director and CEO Vishwavir Ahuja stepped down and Rajiv Ahuja was made the interim head, amid speculations about RBL Bank’s financial health, the lender on Sunday said it is with tremendous scope for improvement. Maintains business fundamentals.
Following the exit of Vishwavir Ahuja, the Reserve Bank of India (RBI) appointed its Chief General Manager Yogesh K Dayal as an additional director on the board of RBL Bank. (Also read: RBL Bank chief Vishwavir Ahuja steps down, RBI official joins the board,
The bank’s newly-appointed head Rajiv Ahuja told reporters that the bank is not anticipating a large capital requirement in the short term, countering the apprehensions of problems in the management.
In recent months, it has been reported that some employees of the bank sought the finance ministry’s support to oversee operations as they believed the regulatory framework was being overlooked by the bank’s top management.
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