Announced Mon, 22 Jun · 13:12 IST
SBI Cards appoints new Head of Internal Audit, incumbent to step down
Management Changes View source PDF
SBICARD · price
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Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹618.85
prior close
₹625.75
base price
In-mkt
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AI summary
SBI Cards board approved Mr. Chander Kant as new EVP and Head-Internal Audit for 3 years from July 1, 2026. He has 32+ years of experience in banking, audit, compliance and international banking. Current head Mr. Ved Prakash will step down on June 30, 2026 after completing his term. A routine senior management transition.
Likely market impact
Routine leadership change in internal audit function with no material impact on strategy or operations.