StockWatch
·
Private Sector Bank
Management Change12 Jun 2026, 07:01 pm

DCB Bank: RBI Approves Pushan Mahapatra as Chairman

AI Summary

DCB Bank announced that the Reserve Bank of India (RBI) has approved the appointment of Mr. Pushan Mahapatra as the Non-Executive Part-Time Chairman. This appointment is effective from June 12, 2026, and will last until March 09, 2029. The Board of Directors has also approved this appointment. Mr. Mahapatra brings over 40 years of banking experience, including significant roles at SBI group and SBI General Insurance.

Key Highlights

  • RBI approves Pushan Mahapatra as Non-Executive Part-Time Chairman.
  • Appointment effective June 12, 2026, until March 09, 2029.
  • Mahapatra has over 40 years of extensive banking experience.
  • His background includes leadership roles at SBI and SBI General Insurance.