Bandhan Bank Limited has informed the Exchange regarding Change in Director(s) of the company.
BANDHANBNK · price
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The Reserve Bank of India has extended the term of Shri Arun Kumar Singh as an Additional Director on the Board of Bandhan Bank for one year, from June 24, 2025 to June 23, 2026, or until further orders. Shri Singh, a retired Chief General Manager of RBI, was first appointed to the board on June 24, 2024 under Section 36AB of the Banking Regulation Act, 1949. He has 35 years of experience at RBI in banking regulation, supervision, IT, financial inclusion, and policy framing. He has also served as an RBI nominee director on boards of Union Bank of India, ReBIT, RBiH, and IDRBT.
This is a routine regulatory appointment by the RBI and is not expected to have a material impact on the stock price. It reflects continued RBI oversight on the bank's board, which is standard for private sector banks in India.