IDBI Bank Announces Changes in Independent Directors on Board
IDBI Bank Limited has announced changes concerning its Independent Directors on the Board. The bank stated that Shri Samaresh Parida (DIN 01853823) and Shri Jambunathan Narayanan (DIN 05126421) have ceased to serve as Independent Directors.The bank confirmed that this change is consequent to the completion of their two terms as Independent Directors. The transition is effective from May 18, 2026, at the end of the day.
IDBI Stock Price Movement
Shares of IDBI Bank Limited today slipped by 1.53% to settle at ₹69.5. The bank saw notable activity during the session, with 7.49 million shares transacted.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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