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(Reuters) -Indian lender Karnataka Bank on Monday said Chief Operating Officer Raghavendra Srinivas Bhat will act as interim managing director and chief executive officer for a period of three months.

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Dr. John Scott Redd Jr. will deliver his first sermon on August 3 after receiving unanimous approval from Evangel Presbytery.

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Indian lender Karnataka Bank on Monday appointed insider Raghavendra Srinivas Bhat as managing director and chief executive officer, for a period of three months or till naming a regular MD and CEO.