State Bank of India has announced a key senior management transition with the retirement of Ms. Jayati Bansal, Deputy Managing Director (International Banking Group), effective December 31, 2025. The disclosure was made in accordance with regulatory requirements under SEBI's listing obligations.

Regulatory Disclosure Details

The bank filed the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically citing sub clause 7 of Para A Part A of Schedule III, which governs the reporting of senior management changes. The formal communication was addressed to both BSE Limited and National Stock Exchange of India Limited on December 31, 2025.

Leadership Transition

Ms. Bansal's superannuation represents the conclusion of her tenure leading the International Banking Group at State Bank of India. As Deputy Managing Director, she held a senior executive position responsible for overseeing the bank's international banking operations and strategic initiatives in global markets.

The retirement follows the standard superannuation process, with Ms. Bansal's service concluding at the close of business hours on December 31, 2025. This transition is part of the natural leadership evolution within India's largest public sector bank.

Compliance Framework

The disclosure demonstrates State Bank of India's adherence to corporate governance standards and transparency requirements. The notification was signed by Aruna N Dak, Deputy General Manager (Compliance & Company Secretary), ensuring proper regulatory compliance and stakeholder communication.

Such senior management changes require timely disclosure to maintain market transparency and keep investors informed about key leadership transitions that may impact the organization's strategic direction and operational continuity.

Bank Of India has successfully raised ₹100 billion through its Long-Term Bonds Series IV, marking a significant capital market achievement for the public sector lender. This substantial bond issuance demonstrates the bank's continued access to debt markets and its ability to secure long-term funding.

Bond Issuance Details

The successful completion of the Long-Term Bonds Series IV represents a major funding milestone for the bank. The ₹100 billion raised through this series provides the institution with substantial financial resources to support its operational and strategic objectives.

Strategic Implications

This bond issuance strengthens Bank Of India's capital position and provides the institution with enhanced financial flexibility. The successful completion of the Series IV bonds indicates strong investor confidence in the bank's creditworthiness and long-term prospects.

The ₹100 billion funding will bolster the bank's ability to meet its various financial obligations and support future business expansion plans. Long-term bonds typically offer banks stable funding sources with predictable cost structures, making them valuable instruments for financial planning and risk management.

Market Response

The successful completion of this significant bond issuance reflects the bank's strong market standing and its ability to attract institutional investors. The ₹100 billion raised through Long-Term Bonds Series IV positions the bank favorably for its ongoing operations and strategic initiatives.