RBI extends tenure of Subramanian Sundar as MD & CEO of Lakshmi Vilas Bank for another 6 months

The Reserve Bank of India (RBI) has approved the extension of the tenure of Subramanian Sundar as the MD and CEO of the Lakshmi Vilas Bank, for a period of another six months.
Now he will continue his tenure till November 30, 2020 or till the appointment of the new CEO, whichever is earlier.
This is the second extension given to Mr. Sundar. He was appointed as the MD & CEO (interim) from January 1, 2020 to April 30.
His tenure was further extended to May 31, 2020.