Announced Mon, 22 Jun · 13:16 IST
SBICARD: New EVP-Internal Audit appointed, Ved Prakash to step down
Management Changes View source PDF
SBICARD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹618.85
prior close
₹625.25
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.1+0.2+0.3-1.8-1.4+0.9-2.6-3.9-2.4+3.6+1.2——
Up moveDown movePending
AI summary
SBI Cards board approved appointing Mr. Chander Kant as new EVP and Head-Internal Audit for 3 years from July 1, 2026. He brings 32+ years of experience across banking, audit, compliance and human resources. Current head Mr. Ved Prakash will leave on June 30, 2026 on completing his term. This is a planned succession in senior management.
Likely market impact
Routine planned succession at senior management level. No major impact expected on operations or stock. Minor governance event.