Punjab & Sind Bank Appoints Rajendra Kumar Raigar and Rajiv Kumar Bansal to Senior Management Roles
Punjab & Sind Bank appointed Sh. Rajendra Kumar Raigar as Chief General Manager and Sh. Rajiv Kumar Bansal as General Manager, effective April 1, 2026. Both individuals have extensive experience in the banking sector.
Changes in senior management can influence strategic direction and operational efficiency, thus having a medium-term impact on the bank's performance.
The announcement details routine management changes within the bank and does not contain any information that would positively or negatively impact the company's outlook.
Punjab & Sind Bank (PSB) has announced significant changes in its senior management team, effective April 1, 2026.
Sh. Rajendra Kumar Raigar has been appointed as the Chief General Manager. He joined the bank in 1994 and holds an MBA in Finance and Human Resources. He is also a Certified Associate of the Indian Institute of Banking & Finance (CAIIB) and brings over 32 years of experience to the role.
Concurrently, Sh. Rajiv Kumar Bansal has been appointed as the General Manager. Mr. Bansal joined PSB in 1993, holds an M.Com and MBA, and is a CAIIB. He possesses more than 33 years of experience in the banking sector.
These appointments are in compliance with Regulation 30 & 51 of SEBI (LODR) Regulations, 2015. The bank has submitted the required details as per SEBI circular dated September 9, 2015.
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Punjab & Sind Bank 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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