Ratnakar Bank, recently rebranded as RBL Bank, has announced the retirement of its part-time Chairman Subhash Kutte with effect from June 30.

Kutte had joined Ratnakar Bank in June 1980 and served the bank for thirty-four years, initially in an executive capacity across various departments, including MD & CEO, and in the last four years as its non-executive Chairman, the bank said in a statement.

The new Chairman of RBL Bank will be announced soon, it said.

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