Highlights
- Bandhan Bank CFO Rajeev Mantri resigned to pursue another career opportunity.
- His last working day as CFO and KMP will be September 25, 2026.
- The resignation was disclosed under SEBI Listing Regulations.
Bandhan Bank Ltd. (NSE:BANDHANBNK) has informed the National Stock Exchange (NSE) and BSE that its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Rajeev Mantri, has resigned from his position.
The bank disclosed the development through a regulatory filing dated June 29, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. According to the filing, Rajeev Mantri submitted his resignation on June 29, 2026.
Source: Analysis by Kalkine
Reason for Resignation
The bank stated that Rajeev Mantri has resigned to pursue another opportunity from a career growth perspective. As per the bank's policies, his last working day as CFO and KMP will be September 25, 2026.
Resignation Letter Submitted to Managing Director & CEO
In his resignation letter addressed to Managing Director & CEO Partha Pratim Sengupta, Rajeev Mantri thanked the management, Board members, Executive Directors, colleagues and stakeholders for their guidance and support during his tenure.
He stated that he had enjoyed working at Bandhan Bank and contributing towards the strategic transformation of the bank. He also said that his tenure had provided enriching experience and learning and wished the bank continued success.
In his letter, he requested the bank to relieve him after serving a 90-day notice period, mentioning September 26, 2026, as the end of the notice period. However, the bank clarified in its exchange filing that, in accordance with its policies, his last working day as CFO and KMP will be September 25, 2026.
Disclosure Made Under SEBI Regulations
The disclosure was made pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Bandhan Bank also stated that the disclosure has been uploaded on its website simultaneously with the stock exchange filing.
Key Risks
- Delay in appointing a new CFO could affect management continuity.
- Leadership transitions may create temporary operational uncertainty.
- Regulatory compliance responsibilities require timely succession planning.
- Senior management changes may be monitored by investors.
Summary
Bandhan Bank informed stock exchanges that Chief Financial Officer and Key Managerial Personnel Rajeev Mantri has resigned to pursue another career opportunity. His resignation was submitted on June 29, 2026. The bank said his last working day will be September 25, 2026. The disclosure was made under Regulation 30 of the SEBI Listing Regulations.
FAQs
Q: Why did Bandhan Bank CFO Rajeev Mantri resign?
A: Rajeev Mantri resigned to pursue another opportunity from a career growth perspective, according to the bank's regulatory filing.
Q: When will Rajeev Mantri leave Bandhan Bank?
A: The bank stated that his last working day as Chief Financial Officer and Key Managerial Personnel will be September 25, 2026.
Q: Under which regulation was the resignation disclosed?
A: Bandhan Bank disclosed the resignation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.