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UTI Bank extends Nayak's tenure

Our Bureau


MR P.J. NAYAK

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Bharat Matrimony

Mumbai Feb. 20 Dr P.J. Nayak will continue as Chairman and Managing Director of UTI Bank for two more years, effective from August 1, 2007 to July 31, 2009.

"The appointment will be subject to approval by the Administrator of the Specified Undertaking of Unit Trust of India, and the Reserve Bank of India and subject to confirmation by the shareholders of the bank at the next general meeting," said a BSE announcement.

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UTI Bank extends Nayak's tenure


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