Reserve Bank of India (RBI) approves R. Vijay Anandh as MD & CEO of City Union Bank for three years.

Exam-focused facts from the 10 February 2026 current affairs briefing.

Key facts

Reserve Bank of India (RBI) conveyed approval through a letter dated 9 February 2026.
Appointment effective 1 May 2026 for a period of three years.
R. Vijay Anandh is currently Executive Director of City Union Bank.
Appointment subject to approval by City Union Bank shareholders.
City Union Bank Q3 net profit rose 16% year-on-year to ₹332 crore.
Net interest income increased 28% to ₹752 crore in Q3 from ₹587.7 crore a year ago.
Gross non-performing assets declined to 2.17% from 2.42% quarter-on-quarter.
Net NPAs eased to 0.78% from 0.90% sequentially.
City Union Bank shares closed 1.25% lower at ₹288.80 on NSE.