Key Details of Appointment

  • Appointee Name: Shri Chandradeep Kumar Jha
  • Appointing Authority: Central Government of India
  • Legal Basis: Clause (b) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
  • Government Notification: No. eF.No.6/2(i)/2022-BO.I dated June 19, 2026
  • Effective Date: June 19, 2026
  • Term: With immediate effect and until further orders
  • Replacement: Appointed in place of Shri Baldeo Purushartha
  • Reason for Change: Appointed as Government Nominee Director of Bank

Director Profile and Qualifications

Shri Chandradeep Kumar Jha (ISS:2000) brings over two decades of distinguished service in various key positions within the Government of India. Key qualifications and experience include:

  • Education: Master's Degree in Statistics from the University of Delhi
  • Current Position: Statistical Advisor in the Department of Financial Services (DFS), Ministry of Finance, Government of India
  • Previous Experience: Worked in organizations under Ministry of Statistics and Programme Implementation (MoSPI), Ministry of Commerce & Industry (MoCI), and Ministry of Home Affairs (MHA)
  • Areas of Expertise: Data analysis, coordination, planning, supervision, policy formulation, development of infrastructure projects, monitoring, international cooperation in statistical matters, national statistical system reforms, ease of doing business, industrial development, and implementation of key government initiatives

Other Board Positions Held

  • Government Nominee Director on the Board of India Infrastructure Finance Company Limited (IIFCL)
  • Part-time Member of Pension Fund Regulatory and Development Authority (PFRDA)
  • Member of Board of Governors of Management Development Institute (MDI), Gurgaon

Governance and Compliance Details

  • Relationship Disclosure: Not related to any Directors and/or Key Managerial Personnel (KMP) of the Bank
  • SEBI Compliance: Confirmation that Shri Chandradeep Kumar Jha is not debarred from holding the office of Director by virtue of any Orders of SEBI or any other authority (per SEBI letter dated June 14, 2018)

Financial Impact

No financial impact quantified in the disclosure. The appointment represents a change in board composition without immediate financial implications.