RBL Bank Completes Executive Director Transition with Regulatory Approvals

2 min read     Updated on 21 Feb 2026, 11:14 AM
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Reviewed by
Riya DScanX News Team
Overview

RBL Bank has successfully completed a leadership transition at the Executive Director level with full regulatory compliance. The bank announced the retirement of Rajeev Ahuja and appointment of Jaideep Iyer as new Executive Director effective February 21, 2026, along with updated Key Managerial Personnel structure and regulatory compliance measures.

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*this image is generated using AI for illustrative purposes only.

RBL Bank has formally completed a key leadership transition with the appointment of a new Executive Director, following proper regulatory procedures and stakeholder communications as outlined in their official intimation to stock exchanges dated February 21, 2026.

Executive Director Leadership Change

The bank has executed a seamless leadership transition at the Executive Director level with full regulatory compliance. Rajeev Ahuja, who served as Executive Director, retired from the bank's services upon completion of his term and ceased to be the Whole-time Director and Key Managerial Personnel with effect from the close of business hours of February 20, 2026.

Jaideep Iyer has assumed charge as the new Whole-time Director, designated as Executive Director, and Key Managerial Personnel of the bank effective February 21, 2026. His appointment comes with regulatory approval from the Reserve Bank of India and shareholders for a defined three-year tenure.

Parameter: Details
Outgoing Executive Director: Rajeev Ahuja (DIN: 00003545)
Retirement Date: February 20, 2026
New Executive Director: Jaideep Iyer (DIN: 06384037)
Appointment Date: February 21, 2026
Term Duration: Three years (till February 20, 2029)
Regulatory Approval: Reserve Bank of India and Shareholders

Updated Key Managerial Personnel Structure

Following the leadership change, the bank's Board of Directors has approved the updated list of Key Managerial Personnel authorized under Regulation 30(5) of the SEBI Listing Regulations, effective from February 21, 2026. The bank has formally communicated these changes to BSE Limited and National Stock Exchange of India Limited through official intimation letters.

Designation: Name Contact
Managing Director & CEO: R. Subramaniakumar secretarial@rblbank.com
Executive Director: Jaideep Iyer secretarial@rblbank.com
Interim Chief Financial Officer: Deepak Ruiya secretarial@rblbank.com
Company Secretary: Niti Arya secretarial@rblbank.com

Regulatory Compliance and Disclosure Updates

In addition to the leadership transition, RBL Bank has undertaken important regulatory compliance measures. The Board of Directors has reviewed and approved amendments to the "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" effective February 21, 2026.

This revision ensures continued compliance with Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended. The updated code is available on the bank's website under investor relations disclosures. The bank referenced previous communications dated December 30, 2025 and February 12, 2026 in continuation of this appointment process.

The bank has communicated these changes through formal intimation letters dated February 21, 2026, to both BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI Listing Regulations, ensuring full transparency with stakeholders and regulatory authorities.

Historical Stock Returns for RBL Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-1.07%+3.79%+8.63%+25.69%+104.25%+33.60%

RBL Bank Alerts Exchanges on Potential Impact of February 12 Nationwide Bank Strike

1 min read     Updated on 11 Feb 2026, 06:39 PM
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Reviewed by
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Overview

RBL Bank Limited has notified stock exchanges about a one-day nationwide bank strike scheduled for February 12, 2026, organized by central trade unions including AIBEA. The bank's employee unions are affiliated with the striking organizations and may participate in the industry-level protest. While RBL Bank plans to implement operational continuity measures, some branches may face disruptions if the strike proceeds as planned.

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*this image is generated using AI for illustrative purposes only.

RBL Bank Limited has issued a regulatory disclosure to stock exchanges regarding a potential disruption to its operations due to a nationwide bank strike scheduled for February 12, 2026. The communication, dated February 11, 2026, was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Strike Details and Union Participation

The one-day nationwide strike has been called by various central trade unions, including the All India Bank Employees' Association (AIBEA), to raise industry-level demands. The All India Bank Officers' Association (AIBOA) has decided to extend fraternal support to the strike call.

Strike Parameter: Details
Date: February 12, 2026 (Thursday)
Duration: One day
Organizing Bodies: AIBEA and other central trade unions
Support: AIBOA fraternal support
Nature: Industry-level issues

RBL Bank Union Affiliations

The bank's internal employee organizations have direct connections to the striking unions. The Ratnakar Bank Employees' Union is affiliated with AIBEA, while the Ratnakar Bank Officers' Organization maintains affiliation with AIBOA. This structural relationship means bank employees associated with these organizations may participate in or support the strike action.

Operational Impact and Mitigation Measures

RBL Bank has emphasized that the strike concerns industry-level issues and is not related to any bank-specific matters. The management has committed to implementing necessary measures to maintain smooth functioning across its branch and office network during the strike period.

Operational Aspect: Bank's Position
Strike Scope: Industry-level, not bank-specific
Mitigation: All necessary steps for smooth functioning
Potential Impact: Some branches may be affected
Contingency: Dependent on strike materialization

Regulatory Compliance

The disclosure fulfills the bank's obligations under SEBI regulations for informing stakeholders about events that may impact operations. Company Secretary Niti Arya signed the communication, which was also hosted on the bank's official website in compliance with Regulation 46(2) of SEBI Listing Regulations.

The bank has proactively informed both BSE Limited (Scrip Code: 540065) and National Stock Exchange of India Limited (Scrip Symbol: RBLBANK) about the potential operational disruptions, demonstrating transparency in stakeholder communication regarding industry-wide developments that may affect banking services.

Historical Stock Returns for RBL Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-1.07%+3.79%+8.63%+25.69%+104.25%+33.60%

More News on RBL Bank

1 Year Returns:+104.25%