Union Bank of India extends executive director Nitesh Ranjan's term

Union Bank of India, a government of India undertaking, announced on September 16, 2025, the extension of Nitesh Ranjan's term as executive director. This decision was communicated to BSE Limited and the National Stock Exchange of India Ltd.

The extension is pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The Department of Financial Services, Ministry of Finance, Government of India, issued a notification on September 15, 2025, approving the extension.

Nitesh Ranjan's term has been prolonged for three years beyond his current tenure, which was set to conclude on March 9, 2026, or until further orders, whichever occurs earlier. This extension underscores continuity in the bank's executive leadership.