Canara Bank — Others, 01-07-2025: Change in Management

Canara Bank has announced a change in management as Shri Hemant Buch, a Shareholder Director representing LIC of India, resigned from the Board following RBI’s directive disqualifying serving LIC employees from holding such positions in public sector banks. His resignation is effective immediately, and no other reasons were cited. This change reflects ongoing regulatory compliance and may influence board dynamics and shareholder representation related to LIC’s interests in the bank.