TMB shareholder appeals Madras HC to direct RBI to give nod for new MD appointment
KV Mugundan, a shareholder of Tamilnad Mercantile Bank (TMB), has filed an appeal to the Madras High Court to direct the Reserve Bank of India (RBI) to immediately clear any one of the names from the panel for appointment of MD & CEO of TMB. S Krishnan resigned as Managing Director and Chief Executive Officer …