NABARD Appoints Shri Rakesh Kashyap as Deputy Managing Director

Management Changes View source PDF Explain this filing

CANBK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹126.39

prior close

₹126.90

announcement price

After-mkt

timing

Nifty 100market-0.2%-0.2% vs market

Public Sector Bank peers, median of 11sector-0.9%+0.5% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty 100 and 0.5 pts more than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

-0.7

15m

-0.7

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-0.2-0.2-0.9+0.5

Next day

-0.4+0.4-0.8+0.2-0.6

-0.1+1.0-1.1-0.2+0.1

+0.5+1.3-0.8-0.6+1.2

+0.3+2.0-1.7-2.0+2.3

-1.0+1.7-2.8-2.6+1.5

-0.9+0.1-1.0-3.1+2.2

15d

+1.0+1.1-0.2+0.7+0.2

-1.4+1.6-3.0-3.3+1.9

+0.4+1.0-0.6-4.9+5.3

-5.5-5.0-0.5-8.9+3.4

UpDownMarket · Nifty 100Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Canara Bank filed a stock exchange notification about the Central Government appointing Shri Rakesh Kashyap as Deputy Managing Director of NABARD, in exercise of powers under the NABARD Act 1981. The appointment takes effect from the date of assuming charge and runs until 31 January 2029 or until further orders. The filing was made under SEBI LODR Regulation 30 and relates to a management change at NABARD, not at Canara Bank itself.

Likely market impact

Limited direct impact on Canara Bank shareholders, as the appointment is for NABARD, not the bank itself.