
Management Change29 Jun 2026, 07:01 pm
Canara Bank: Rakesh Kashyap Appointed Deputy MD of NABARD
AI Summary
Canara Bank has informed the stock exchanges about a change in management. Shri. Rakesh Kashyap, currently CGM, has been appointed as Deputy Managing Director of the National Bank for Agriculture and Rural Development (NABARD). This appointment, made by the Central Government, is effective from the date he assumes charge until his superannuation on January 31, 2029, or until further orders. The appointment is made under the National Bank for Agriculture and Rural Development Act, 1981.
Key Highlights
- Shri. Rakesh Kashyap appointed as Deputy Managing Director of NABARD.
- Appointment is effective from taking charge until January 31, 2029.
- The Central Government made the appointment via Gazette Notification.
- This signifies a movement of key personnel within the banking sector.
Price Impact
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