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Bandhan Banks managing director (MD) and chief executive officer (CEO) Chandra Shekhar Ghosh (pictured), who has decided to step down, on Wednesday said the bank will need at least three months to identify his successor. He has also written to his employees, asking them not to worry over his surprise decision. Whatever, our experience in the earlier selections, when we selected two executive directors on the basis of that experience we need a minimum three months of time for selection of candida...

Explaining the rationale behind this sudden decision to step down, Ghosh clarified that it was a voluntary decision and that the RBI had no role to play in this.

The board may even look at appointing an interim CEO post his tenure

India Business News: Bandhan Bank CEO Ghosh, 64, to step down in 2024, cites strategic role change. Successor search begins amid RBI tenure cap concern. Group diversifies,

Bandhan Bank: The stock price is likely to be guided by outcome on CGFMU audit, said JM Financial. The stock remains attractively valued at 1 times FY26e P/BV, it said.

Bandhan Bank , one of the largest private banks in India, proudly announces the successful overhaul of its core...

Bandhan Bank announces the successful overhaul of its core banking system and the expansion of its digital services through a strategic collaboration with Oracle

Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], December 6: Lentra, the leading digital lending SaaS platform is geared up to host its 2nd edition of its annual flagship event, Digital Lending Summit. This summit is slated to take place on December 13 in Mumbai. The event will serve as a collaborative platform in bringing together a diverse set of industry players including the incumbent banks, NBFCs, new age Fintech Lenders, regulators, service providers,...

Bandhan Bank has written to the Reserve Bank of India seeking approval for his appointment, people familiar with the development said. Rajinder Kumar Babbar is currently heading HDFC Banks transportation, infrastructure and tractor finance verticals. Earlier, he headed rural business. He would be Bandhans second executive director.