Punjab & Sind Bank appoints Bontha Koteswara Rao as General Manager

Punjab & Sind Bank has appointed Sh. Bontha Koteswara Rao as its General Manager, effective July 1, 2026. The appointment follows a change in senior management, with Rao taking over the position previously held by Mrs. Rashmita Kwatra. This leadership transition is part of the bank's routine administrative updates communicated to the stock exchanges.

The bank disclosed the appointment pursuant to Regulation 30 & 51 of the SEBI (LODR) Regulation, 2015. The notification detailed the background and qualifications of the new appointee, confirming that the change is effective immediately from the stated date.

Profile of the Appointee

Sh. Bontha Koteswara Rao brings extensive experience to his new role. He joined the services of the bank in 1989 and has since accumulated over 36 years of experience in the banking sector. His academic and professional qualifications include a B.A degree and certifications from the Indian Institute of Banking & Finance (IIBF).

Rao holds specific certifications in Anti-Money Laundering (AML), Know Your Customer (KYC), and Compliance. Additionally, he is a Certified Associate of the Indian Institute of Banking & Finance (CAIIB), underscoring his expertise in banking operations and regulatory frameworks.

Appointment Details

The following table summarizes the key details regarding the appointment:

Particulars	Details
Name of the General Manager	Sh. Bontha Koteswara Rao
Reason for change	Appointed as General Manager
Effective date of Appointment	July 1, 2026
Brief Profile	Joined bank in 1989; B.A, IIBF certified (AML, KYC, Compliance), CAIIB; over 36 years experience
Disclosure of relationship between Directors	Not Applicable

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.49%	-0.49%	+5.48%	-12.08%	-23.68%	+19.61%

Punjab & Sind Bank has disclosed that its promoter, the President of India, has not created any encumbrance on shares during the financial year. The declaration was submitted to the stock exchanges in compliance with Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The bank confirmed that the promoter, along with persons acting in concert, has not made any encumbrance, directly or indirectly, during the financial year. This disclosure provides shareholders with assurance regarding the status of the promoter's holding.

Regulatory Compliance

The filing was made to BSE Limited and National Stock Exchange of India Ltd. on April 7, 2026. The reference number for the disclosure is PSB/HO/Shares Cell / 3 /2026-27.