Tamilnad Mercantile Bank recommends names of individuals for MD&CEO post to RBI

Tamilnad Mercantile Bank has recommended three individuals for the position of Managing Director and CEO to the Reserve Bank of India (RBI), as disclosed by the bank's Managing Director and CEO S Krishnan. This move follows the incident in 2023 where Rs 9,000 crore was transferred to a cab driver's savings account due to a technical glitch.
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