Indian Bank ED Shiv Bajrang Singh Gets Tenure Extension Till February 2027

Central Government extends his tenure beyond October 8, 2026, until superannuation or further orders

Mumbai : Indian Bank has informed the stock exchanges that the Central Government has extended the tenure of Shiv Bajrang Singh as Executive Director of the bank beyond his existing term, which was scheduled to end on October 8, 2026.

Under the extension, Singh will continue to serve as Executive Director until his date of superannuation on February 28, 2027, or until further orders, whichever is earlier.

The extension was granted through a Central Government notification dated September 23, 2026, bearing Notification No. eF.No.4/1/(iv)/2025-BO.I. The order has been issued under the provisions of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970.

Extension follows Central Government order

According to the bank’s regulatory disclosure, the extension formally continues Singh’s tenure as Executive Director after the expiry of his previously notified term on October 8.

The revised tenure will remain effective until February 28, 2027, corresponding with his scheduled superannuation, unless the Central Government issues further orders before that date.

Regulatory disclosures

Indian Bank also confirmed that Shiv Bajrang Singh is not related to any of the other directors of the bank.

The bank further stated that Singh has not been debarred from holding the office of director by any order of the Securities and Exchange Board of India (SEBI) or any other regulatory authority.

Key Details

ParticularDetails
BankIndian Bank
Executive DirectorShiv Bajrang Singh
Existing tenure endsOctober 8, 2026
Extended tenureUp to February 28, 2027
Superannuation dateFebruary 28, 2027
Extension authorityCentral Government
Notification dateSeptember 23, 2026
Disclosure dateSeptember 25, 2026
Applicable lawsBanking Companies (Acquisition and Transfer of Undertakings) Act, 1970; Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970
Related-party/director relationshipNone reported
SEBI/regulatory debarmentNone reported

The tenure extension ensures continuity in the bank’s executive leadership through February 2027, subject to any further orders issued by the Central Government.

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