Canara Bank ED Hardeep Singh Ahluwalia given additional charge of MD, CEO
This story was originally published at 20:14 IST on 31 December 2025
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NEW DELHI – Canara Bank on Wednesday said that the Department of Financial Services has assigned the additional charge of managing director and chief executive officer to the bank's Executive Director Hardeep Singh Ahluwalia. Ahluwalia's appointment will be for three months, starting Thursday.
Interestingly, on Dec. 22, the Financial Services Institutions Bureau had recommended Brajesh Kumar Singh for the post of managing director and chief executive officer of Canara Bank. Singh is another executive director of the bank.
The appointment comes following the end of the term of the current MD and CEO, K. Satyanarayana Raju, on Wednesday. Raju has also resigned as the chairman of Can Fin Homes Ltd., a housing finance company promoted by Canara Bank.
Canara Bank reported a 19% on-year increase in its net profit for the September quarter at INR 47.74 billion. Shares of Canara Bank Wednesday ended 0.6% higher at INR 154.91 on the National Stock Exchange. End
Reported by Priyasmita Dutta
Edited by Saji George Titus
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