New Delhi, Nov 29 (PTI) Ujjivan Small Finance Bank (SFB) on Monday said RBI has appointed P N Raghunath as an additional director on the board of the bank.

"The Reserve Bank of India vide its letter dated November 29, 2021 has appointed P N Raghunath, General Manager, Reserve Bank of India, Bengaluru, Regional Office as an Additional Director on the board of the bank for a period of 2 years with effect from November 29, 2021 to November 28, 2023 on till further orders, whichever is earlier," Ujjivan SFB said in a regulatory filing.

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Stock of the bank closed at Rs 17.80 apiece on BSE, down 4.56 per cent over previous close.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)