People, Positions and Obituaries · 26 April 2026

Rajneesh Karnatak, Debadatta Chand and Ashutosh Choudhary extended as Bank Executives

Exam-focused facts from the 26 April 2026 current affairs briefing.

Key facts

  • Rajneesh Karnatak, Managing Director (MD) and Chief Executive Officer (CEO) of Bank of India (BoI), has had his tenure extended for three years effective April 29, 2026.
  • Karnatak was appointed as MD and CEO of BoI in 2023 for a term of three years.
  • Debadatta Chand, MD and CEO of Bank of Baroda (BoB), has had his tenure extended for three years effective July 1, 2026.
  • The extension for Chand was approved by the Appointment Committee of the Cabinet (ACC), which is headed by Prime Minister Narendra Modi.
  • Ashutosh Choudhary has had his term as Executive Director of Indian Bank extended for another three years.
  • The term of Ashwani Kumar, MD and CEO of UCO Bank, ends on June 1, 2026.