Shri Samir Kumar Appointed GOI Nominee Director on Indian Bank Board
Indian Bank welcomed Shri Samir Kumar as a Government of India (GOI) Nominee Director on its board, effective May 13, 2026. Shri Kumar, who belongs to the Indian Economic Service (1995 batch), brings a deep background of government economic advisory and financial sector experience to the institution.Shri Samir Kumar is currently serving as an Economic Adviser in the Department of Financial Services, Ministry of Finance. In this capacity, he handles critical matters related to Pension Reforms, Debts Recovery Tribunals, General Administration, and the Economic Analysis Cell.
His professional history includes serving as Joint Secretary in the Department of Drinking Water and Sanitation, where he was instrumental in the implementation of two major Government of India flagship programs: the Swachh Bharat Mission-Grameen and the Jal Jeevan Mission.
Beginning his career at the erstwhile Planning Commission, Shri Kumar has gained extensive experience working across various Government Departments. These departments include the Department of Commerce, the Department of Economic Affairs (DEA), and the Central Economic Intelligence Bureau (CEIB) within the Department of Revenue.
Beyond his role at Indian Bank, Shri Samir Kumar also serves as a Government Nominee Director on the boards of CERSAI (Central Registry of Securitisation Asset Reconstruction and Security Interest of India) and Indian Bank. CERSAI is responsible for maintaining records of all securitisation, reconstruction, and security interest transactions, as well as Central KYC (CKYC).
Academically, Shri Kumar holds a Graduation in Economics (Hons.) from Calcutta University and completed his Post-Graduation from Patna University.
INDIANB Stock Price Movement
Today, Indian Bank shares edged higher to close at ₹831.75, marking a 2.08% gain for the session. The stock settled at the close amid robust trading, recording a total volume of 2.23 million shares.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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