Management Change23 Sept 2026, 07:50 pm
Canara Bank: Bhavendra Kumar's Term as ED Extended to Superannuation
AI Summary
Canara Bank announced the extension of Shri Bhavendra Kumar's term as Executive Director. The extension, approved by the Department of Financial Services, Ministry of Finance, Government of India, is effective from October 8, 2026, until his superannuation on October 31, 2027, or until further orders. Shri Kumar joined Canara Bank in 1997 and has held various significant positions, including heading the Gold Loan Wing and the Delhi Circle Office, before assuming his current role.
Key Highlights
- Executive Director Bhavendra Kumar's term extended to October 31, 2027.
- Extension is until the date of superannuation or further orders.
- Shri Kumar has a long-standing career with Canara Bank since 1997.
- No relationship disclosed with other bank directors.
Price Impact
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