CENTRALBKBSECentral Bank of IndiaMediumNeutral
Announced Sat, 20 Jun · 15:57 IST

New Government Nominee Director appointed on the Board

Management Changes View source PDF

CENTRALBK · price

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Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹32.82
prior close
₹32.96
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.2+0.0+0.1-1.2-0.8-1.8+0.5-0.9-0.8-1.6-4.8
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AI summary

Central Government has appointed Shri Chandradeep Kumar Jha as Government Nominee Director on the Board of Central Bank of India with effect from 19 June 2026, replacing Shri Baldeo Purushartha. He is an Indian Statistical Service officer (batch 2000) currently serving as Statistical Advisor in the Department of Financial Services, Ministry of Finance. He holds a Masters in Statistics from the University of Delhi and also serves on boards of IIFCL, PFRDA and MDI Gurgaon. The appointment is until further orders.

Likely market impact

Routine government nomination on a public sector bank board, replacing an outgoing nominee. No material impact on shareholders or operations.