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Board of Directors

Last Update Date: 10/03/2024

Board of Directors


The Constitution of the Board of the Bank is governed by "The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, formulated by the Central Government, after consultation with the Reserve Bank of India, in exercise of the powers conferred by section 9 of "The Banking Companies (Acquisition and Transfer of Undertakings) Act 1970".


The Composition of the Board of Directors of a Bank is governed by "The Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1970" read with "The Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act 2006" and amendment vide Extraordinary Gazette Notification dated 19.02.2007 of the Central Government.


In terms of The Banking Companies (Acquisition and Transfer of Undertakings) Act 1970, the General Superintendence, Direction and Management of the affairs and business of the Bank vests in the Board of Directors which is entitled to exercise all such powers and do all such acts and things as the Bank is authorized to exercise and do.

Strength of the Board

Presently, there are 10 Directors on the Board of the Bank. Brief Particulars of each of the directors are placed below.

Shri Srinivasan Sridhar
Non-Executive Chairman
Shri Ajay Kumar Srivastava
Managing Director & CEO
Shri Joydeep Dutta Roy
Executive Director
Shri T. Dhanaraj
Executive Director
Shri Kartikeya Misra
Govt. Nominee Director
Ms. Sonali Sen Gupta
RBI Nominee Director
Shri Suresh Kumar Rungta
Shri B. Chandra Reddy
Shri Deepak Sharma
Shri Sanjaya Rastogi
Shareholder Director