RBI Approves Debasish Panda as Bandhan Bank Part-Time Chairman

The Reserve Bank of India (RBI) has granted prior approval for the appointment of Mr. Debasish Panda as the Part-Time Chairman (PTC) of Bandhan Bank Ltd. The approval, dated April 22, 2026, is for a period of three years, effective from the date Mr. Panda takes charge, subject to certain conditions. Mr. Panda, a distinguished 1987 batch IAS officer, brings over three decades of experience, having served as Chairman of IRDAI (2022–2025) and Secretary, Department of Financial Services (2020–2022). He also held directorships on the boards of RBI, State Bank of India, Bank of Baroda, and Life Insurance Corporation of India. The Bank's Nomination and Remuneration Committee (NRC) and Board will consider and approve the appointment in due course.