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Informist, Wednesday, Sept. 23, 2026

 

MUMBAI – The government has extended the tenure of one executive director at each of five public-sector banks -- UCO Bank, Canara Bank, Punjab & Sind Bank, Bank of Baroda, and Central Bank of India -- according to exchange filings by the banks Wednesday.

 

The tenure of UCO Bank Executive Director Vijaykumar Nivrutti Kamble has been extended beyond his currently notified term, which ends Oct. 8, till Mar. 31, the date of his superannuation. The term of office of Canara Bank Executive Director Bhavendra Kumar, which ends Oct. 8, has been extended till Oct. 31 next year. Likewise, the tenure of Punjab & Sind Bank Executive Director Ravi Mehra, which ends Oct. 8, has been extended till Dec. 31.

 

The tenure of Bank of Baroda Executive Director Lal Singh has been extended beyond his currently notified term, which ends Oct. 8, to Jan. 31. The term of office of Central Bank of India's Mahendra Dohare, ending Oct. 8, has been extended for three years or until further orders.

 

For the June quarter, UCO Bank had reported a net profit of INR 6.56 billion and total income of INR 74.33 billion. Canara Bank had reported a net profit of INR 48.56 billion and revenue of INR 396.84 billion. Punjab & Sind Bank had reported a net profit of INR 3.32 billion and total income of INR 35.46 billion. Bank of Baroda had reported a net profit of INR 12.78 billion and total income of INR 366.81 billion. Central Bank of India had reported a net profit of INR 13.24 billion and total income of INR 106.78 billion.

 

Wednesday, shares of UCO Bank ended 1.3% higher at INR 24.04 apiece on the National Stock Exchange. Shares of Canara Bank closed at INR 126 apiece, up 2.5%. Shares of Punjab & Sind Bank ended 0.8% higher at INR 22.10 apiece. Shares of Bank of Baroda ended 1% higher at INR 236.87 apiece. Shares of the Central Bank of India ended at INR 31.63 apiece, up 0.8%.  End

 

Reported by Meera Nair

Edited by Himanshi Gupta

 

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