Jammu and Kashmir Bank, in a filing to exchanges, has informed the bank's board of directors, pursuant to government order, has appointed RK Chhibber as interim Chairman and Managing Director (CMD) of the bank with effect from June 8, 2019 for a tenure of three months. Consequent to the above, Parvez Ahmed, current CMD, whose tenure was to end in October 2019, has been asked to vacate the office. This move has been undertaken citing concerns regarding governance and functioning of the...