Bandhan Bank's Chief of Internal Vigilance, Prakash E, Resigns
Prakash E, interim Chief of Internal Vigilance at Bandhan Bank, has resigned due to personal reasons. His last day will be November 07, 2026. The bank is seeking a replacement. The resignation was effective August 10, 2026.
The Chief of Internal Vigilance plays a crucial role in corporate governance and risk management. While the bank is seeking a replacement, the interim nature of the role and the ongoing search suggest a moderate impact as the bank works to ensure continuity.
The resignation of a senior management official is a routine event and does not immediately indicate a positive or negative outlook for the bank. The bank is actively seeking a replacement, which mitigates potential disruption.
Bandhan Bank Limited has announced the resignation of Mr. Prakash E, who was serving as the Chief of Internal Vigilance (CIV) on an interim basis. His resignation, submitted on August 10, 2026, is due to personal reasons. Mr. Prakash E will continue his services as per the bank's policies, with his last working day scheduled for November 07, 2026. The bank is currently in the process of appointing a new CIV and will provide further updates in due course.
Mr. Prakash E had been serving as the interim CIV since February 24, 2026, and his tenure was set to conclude on September 30, 2026, or upon the joining of a new CIV, whichever came earlier. The bank has formally informed the BSE Limited and the National Stock Exchange of India Limited about this change in senior management, in compliance with SEBI LODR regulations. The disclosure has also been uploaded to the bank's official website.
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Bandhan Bank Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Bandhan Bank Limited. Read the original for the full detail.