Can Fin Homes Limited announced the appointment of Shri. Bhavendra Kumar as an Additional Director on its Board. Representing the promoter, Canara Bank, his appointment is effective from the date of RBI approval. Kumar brings extensive experience from his tenure as Executive Director at Canara Bank, overseeing various critical banking operations and verticals.
Board Strengthened with New Promoter Director
Can Fin Homes Limited has officially announced a significant addition to its Board of Directors. At a meeting held on October 27, 2026, the Board approved the appointment of Shri. Bhavendra Kumar as an Additional Director. He will serve in the capacity of a Non-Executive, Non-Independent Director, representing the company’s promoter, Canara Bank.
Director’s Background and Experience
Shri. Bhavendra Kumar brings a wealth of experience from his distinguished career in the banking sector. He has been serving as the Executive Director of Canara Bank since October 8, 2023. His extensive background includes over 29 years in various banking verticals, encompassing oversight of domestic resources, retail, MSME, agriculture, financial inclusion, and lead bank initiatives. He has also held key positions across multiple states and served at Canara Bank’s Shanghai Branch. Furthermore, Kumar serves on the boards of Canara HSBC Life Insurance Company Ltd, Canara Bank Securities Ltd, and the Higher Education Financing Agency (HEFA).
Appointment Process and Future Steps
The appointment of Shri. Bhavendra Kumar is contingent upon the prior approval of the Reserve Bank of India (RBI), as per the Non-Banking Financial Companies – Governance Directions, 2025. The company will submit an application through the RBI’s ‘Pravaah’ Portal to seek this approval. Following the RBI’s nod, the appointment’s effective date will be confirmed, and shareholder approval will be sought within the stipulated period. The Board meeting concluded within a brief span of 5 minutes on October 27, 2026.
Source: BSE
