RBL Bank has confirmed the re-appointment of Mr. Chandan Sinha as an Independent Director. His second term is effective from May 21, 2026, until May 20, 2029. Mr. Sinha, a seasoned professional with decades of experience at the Reserve Bank of India (RBI), will continue to serve on the Board. His extensive background includes senior roles in banking supervision and financial regulation, adding significant expertise to the bank’s governance structure.
Board Approval for Independent Director Re-appointment
RBL Bank has formally announced the continuation of Mr. Chandan Sinha’s tenure as an Independent Director. This decision follows the requisite regulatory approval and is effective starting May 21, 2026. Mr. Sinha will serve for a second term, which is set to conclude on May 20, 2029. The Bank’s shareholders are being informed of this development via the formal submission dated February 23, 2026.
Mr. Chandan Sinha: Professional Profile
Mr. Chandan Sinha possesses a distinguished career, having served over 35 years with the Reserve Bank of India (RBI). During his tenure at the RBI, he held key positions, including serving as an Executive Director and the Interim Director at the Centre for Advanced Financial Research and Learning (CAFRAL). His expertise spans banking supervision, financial services, and risk management.
Furthermore, Mr. Sinha has contributed his insights to several other significant entities. He previously served as the Director on the Boards of Allahabad Bank, Union Bank of India, ECGC, and the Reserve Bank Information Technology (ReBIT) Private Limited. Academically, he holds a Master’s degree in Physics from St. Stephens College, Delhi University, alongside an MBA specializing in Finance.
Confirmation of Independence and Relationships
The Bank has confirmed that Mr. Chandan Sinha is not related inter-se to any other Director of RBL Bank. His reappointment is based on his non-executive (part-time) status, ensuring continued independent oversight of the Bank’s operations and strategy for the upcoming term.
Source: BSE
