StockWatch
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Private Sector Bank
Management Change12 Oct 2026, 06:50 pm

RBL Bank: New CRO, CCO Re-appointed; Fair Disclosure Code Amended

AI Summary

RBL Bank's Board of Directors approved an amended Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. Concurrently, significant changes in senior management were announced. Mr. Deepak Kumar will cease to be the Chief Risk Officer (CRO) effective October 31, 2026, upon the conclusion of his contract. Mr. Ashwini Kumar Choudhary has been appointed as the new CRO, effective November 1, 2026, bringing over 27 years of experience. Additionally, Mr. Prakash Gupta has been re-appointed as the Chief Compliance Officer (CCO) for a period of one year and eight months, also effective November 1, 2026. These decisions were made at the Board meeting held on October 12, 2026.

Key Highlights

  • RBL Bank's Board approved an amended Fair Disclosure Code for UPSI.
  • Mr. Deepak Kumar will cease as Chief Risk Officer on October 31, 2026.
  • Mr. Ashwini Kumar Choudhary appointed as new CRO from November 1, 2026.
  • Mr. Prakash Gupta re-appointed as Chief Compliance Officer for 1 year 8 months.