From correspondents in Maharashtra, India, 09:01 PM IST

The board of directors of the Bombay Stock Exchange has appointed Jagdish Capoor as its new chairman.

Capoor is one of the directors of the HDFC Bank. He has also served as the deputy governor of Reserve Bank of India and worked with Export Import Bank of India, National Housing Bank, National Bank for Agriculture and Rural Development (Nabard) and the State Bank of India.

BSE, in statement issued late Wednesday, said the board also discussed the resignations of Shekhar Datta and Jamshyd Godrej as directors of the exchange.

In a sudden development, Datta, the non-executive chairman of the board resigned from the post last week along with Jamshyd N. Godrej, a shareholder/director of the BSE.

(Staff Writer, © IANS)