DFS Secretary says government is on track to finalize IDBI Bank stake sale by end of fiscal year 2026.

DFS Secretary says government is on track to finalize IDBI Bank stake sale by end of fiscal year 2026.

by | Oct 8, 2025 | Axis bank, Bank of Maharashtra, Central Bank of India, IDBI Bank, Indian Overseas Bank, Punjab and Sind Bank, UCO Bank

The government of India has announced plans to undertake an Offer for Sale (OFS) in five public sector banks. The banks in question are Bank of Maharashtra, Indian Overseas Bank, UCO Bank, Central Bank of India, and Punjab and Sind Bank. The primary objective of this...
Asheesh to head Union Bank, Kalyan Kumar to lead Central Bank of India as government announces new MD appointments

Asheesh to head Union Bank, Kalyan Kumar to lead Central Bank of India as government announces new MD appointments

by | Oct 1, 2025 | Central Bank of India, Punjab National Bank, State Bank of India, Union Bank of India

The Indian government has appointed Asheesh Pandey as the Managing Director (MD) of Union Bank of India and Kalyan Kumar as the MD of Central Bank of India. These appointments were made to fill the vacancies at the top positions of these public sector banks. The...
Asheesh to head Union Bank, Kalyan Kumar to lead Central Bank of India as government announces new MD appointments

Asheesh Pandey and Kalyan Kumar have been appointed by the government as the new Managing Director of Union Bank and the head of Central Bank of India, respectively.

by | Sep 30, 2025 | Bank of Maharashtra, Central Bank of India, Oriental Bank of Commerce, Punjab National Bank, Union Bank of India

The Indian government has made two key appointments in the banking sector, naming Asheesh Pandey as the Managing Director (MD) and CEO of Union Bank of India, and Kalyan Kumar as the head of Central Bank of India. These appointments were approved by the Appointments...