The Board of IDBI Bank has approved the appointment of Sat Pal Bhanoo, Managing Director of LIC as LIC Nominee Director on the Board
of the bank w.e.f. 10 February 2025 for a period of three years, in place of Shri Mukesh Kumar Gupta.
Accordingly, Mukesh Kumar Gupta would cease to be the LIC Nominee Director on the Board of the Bank on completion of his three years term on 09 February 2025.