RBL Bank Limited has informed the Exchange about change in Management
RBLBANK · price
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On the reaction day the stock moved 1.1 pts more than Nifty Smallcap 250 and 1.1 pts more than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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RBL Bank's board approved three management changes at its December 30, 2025 meeting. Mr. Rajeev Ahuja, the Executive Director, will retire at the end of his RBI-approved term on February 20, 2026; he has been with the bank since 2010 and oversaw the transformation from Ratnakar Bank. To fill the role, the board appointed Mr. Jaideep Iyer, currently Head of Strategy, as the new Executive Director and KMP for three years starting February 21, 2026, subject to shareholder approval. Separately, Mr. Deepak Ruiya, the Deputy CFO since 2023 and a 10-year bank veteran, was appointed as Interim CFO from December 30, 2025, until a permanent CFO is found. Additionally, Mr. Pushpendra Sharma, Head of the Digital Banking Unit, resigned and was relieved on December 29, 2025, to pursue opportunities outside the bank.
The changes reflect an orderly, planned succession with internal appointees, which should support continuity in strategy and operations. Shareholders may view the move neutrally, though the interim CFO arrangement introduces some near-term uncertainty until a permanent CFO is confirmed.