Capital Small Finance Bank Designates Raghav Aggarwal and Manish Khurana as SMPs
Capital Small Finance Bank designated Raghav Aggarwal and Manish Khurana as Senior Management Personnel (SMPs) effective April 29, 2026. Aggarwal is Chief Credit Officer (Branch Banking) with 16+ years of experience. Khurana heads Internal Audit and has been with the bank since 2012.
The designation of internal personnel to Senior Management roles is a standard corporate governance practice and is unlikely to have a material impact on the bank's operations or market perception.
The announcement pertains to routine management designations within the bank and does not contain information that would significantly impact the company's financial performance or stock price.
Capital Small Finance Bank Limited announced the designation of two key personnel as Senior Management Personnel (SMPs) of the bank. The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, has designated Mr. Raghav Aggarwal, Chief Credit Officer (Branch Banking), as an SMP, effective April 29, 2026.
Similarly, Mr. Manish Khurana, Head of Internal Audit, has also been designated as an SMP, with the same effective date of April 29, 2026. Mr. Aggarwal brings over 16 years of experience, with 12.5 years in banking, specializing in credit and risk management. Mr. Khurana, a CA, CS (Inter), M. Com, CAIIB, has been with the bank since March 2012 and leads the Internal Audit function, focusing on strengthening internal controls, risk management, and governance.
Both individuals hold a small number of equity shares in the bank, with Mr. Aggarwal holding 8,426 shares and Mr. Khurana holding 8,430 shares.
What to do with a filing like this
Capital Small Finance 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 low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Capital Small Finance Bank Limited. Read the original for the full detail.