Announced Wed, 1 Apr · 13:56 IST
Internal appointments of CGM and GM effective April 1, 2026
Management Changes View source PDF
PSB · price
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Price reaction · full curve 14 horizons · vs prior close
+8.4%1-day move
₹20.62
prior close
₹22.02
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.1+0.2-0.0+8.4+11.4+11.2+18.8+17.0+17.8+20.4+20.6+14.7+19.4
Up moveDown movePending
AI summary
Punjab & Sind Bank appointed Sh. Rajendra Kumar Raigar as Chief General Manager and Sh. Rajiv Kumar Bansal as General Manager, both effective April 1, 2026. Both are internal promotions—Raigar joined the bank in 1994 with 32+ years of experience (MBA Finance & HR, CAIIB), while Bansal joined in 1993 with 33+ years of experience (M.Com, MBA, CAIIB). No board-level or KMP changes.
Likely market impact
Routine internal senior management promotions; minimal direct impact on shareholders or stock price as no board-level or KMP changes involved.