Change in Management
Awaiting price reaction for this filing.
Punjab & Sind Bank has elevated three of its General Managers — Sh Rajesh Chandan Pandey, Sh Parveen Kumar, and Sh Amit Srivastava — to the post of Chief General Manager, effective June 1, 2025. The change is an internal promotion within the bank's senior management and does not involve any external hiring. The disclosure was made to BSE and NSE under SEBI LODR Regulations 30 and 51 by Company Secretary Saket Mehrotra. No other senior management changes were disclosed in this filing.
Internal promotions of senior officers are routine for public sector banks and typically have little to no impact on the stock price. The change signals continuity and orderly career progression within PSB's management hierarchy.