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The latest announcement is out from Canara Bank ( (IN:CANBK) ).
Canara Bank has announced that Executive Director Hardeep Singh Ahluwalia has been given additional charge as Managing Director and Chief Executive Officer from 1 January 2026, following the superannuation of incumbent MD & CEO K. Satyanarayana Raju on 31 December 2025. Ahluwalia, a veteran banker with more than three decades of experience across domestic and international operations and specialized roles in credit, recovery and leadership positions, will hold the role for up to three months or until a regular MD & CEO is appointed, ensuring continuity in top management during a key transition period for the state-owned lender and its stakeholders.
More about Canara Bank
Canara Bank is a large Indian public sector bank headquartered in Bengaluru, offering a full range of retail, corporate and international banking services. With operations spanning rural, semi-urban, urban and metro markets in India as well as overseas branches, it plays a significant role in government-backed financial inclusion and credit delivery, particularly in agriculture and small business segments.
Average Trading Volume: 1,967,693
Technical Sentiment Signal: Buy
Current Market Cap: 1369.7B INR
For a thorough assessment of CANBK stock, go to TipRanks’ Stock Analysis page.