Indian Bank Extends Tenure of Executive Director Ashutosh Choudhury for Three Years
Indian Bank confirmed the extension of the tenure for its Executive Director, Shri Ashutosh Choudhury. The extension was issued by the Central Government, marking a significant update to the bank's leadership structure.The Central Government has extended the tenure of Shri Ashutosh Choudhury, Executive Director, Indian Bank, for a period of three years. This new term runs beyond his currently notified end date of May 2, 2026, and remains effective until further orders, whichever is earlier.
The bank confirmed that Shri Ashutosh Choudhury, Executive Director, is not related to any of the other Directors of the Bank.
Furthermore, Indian Bank stated that Shri Ashutosh Choudhury, Executive Director, is not currently debarred from holding the office of Director by virtue of any SEBI order or any other such authority.
INDIANB Stock Price Movement
On Friday, shares of Indian Bank slipped by 0.32% to settle at ₹909.9. The stock traded on a volume of 2.51 million shares, reflecting moderate selling pressure through the trading session.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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