Rajneesh Karnatak, Debadatta Chand and Ashutosh Choudhury granted tenure extensions as Bank CEOs and Executive Director

Exam-focused facts from the 25 April 2026 current affairs briefing.

Key facts

The Appointments Committee of the Cabinet (ACC) approved the tenure extensions via an official order dated April 22.
Rajneesh Karnatak received a three-year extension as Managing Director (MD) and Chief Executive Officer (CEO) of Bank of India (BoI) beyond August 28, 2026.
Debadatta Chand received a three-year extension as MD and CEO of Bank of Baroda (BoB) beyond June 30, 2026.
Ashutosh Choudhury received a three-year extension as Executive Director at Indian Bank beyond May 2, 2026.
The approvals were cleared following proposals from the Department of Financial Services under the Ministry of Finance.