Canara Bank announced that in exercise of the powers conferred by clause (b) of Sub-Section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, Central Government vide Notification No. eF. No.
6/2(ii)/2022-BO.I dated May 13, 2026, has nominated Ms. Shalini Pandit (Joint Secretary, Government of India, Ministry of Finance, Department of Financial Services) as Director on the Board of Canara Bank, in place of Shri Parshant Kumar Goyal with immediate effect and until further orders. Ms. Shalini Pandit is an Indian Administrative Service (IAS) officer of the Odisha cadre presently serving as Joint Secretary in the Department of Financial Services, Ministry of Finance, Government of India. Ms. Shalini Pandit has held several key positions in the Odisha government prior to moving to her assignment with the Government of India.
She has served as Secretary for School & Mass Education Department, Health & Family Welfare Department, Mission Shakti Department and Odia Language, Literature & Culture Department, Odisha. She has also served as Mission Director, National Health Mission, Labour Commissioner, Odisha and District Collector for several districts. Her work in bringing reforms to the education sector and leadership in the health sector during the Covid-19 pandemic is widely appreciated.
Ms. Shalini Pandit graduated in Botany from Miranda House College, University of Delhi and completed her M.Sc. in Wildlife Science from the Wildlife Institute of India, Dehradun. Canara Bank also announced the cessation of Shri Parshant Kumar Goyal as Government Nominee Director as per eF.
No. 6/2(ii)/2022-BO.I dated May 13, 2026 issued by Government of India.
Canara Bank Limited (the Bank) is an India-based bank. The Bank’s segments include Treasury Operations, Retail Banking Operations, Wholesale Banking Operations, Life Insurance Operations and Other Banking Operations. Its Retail Banking Operations include Digital Banking and Other Retail Banking. It provides a range of personal banking services to individuals. The Bank also offers investment opportunities through mutual funds and insurance products. It provides various loans, such as home loans, vehicle loans, education loans, personal loans, mortgage loans, gold loans, MSME loans, corporate loans, Agri loans, and solar loans. It provides various deposits, such as savings account, current account, term deposits, online account opening, Canara crest and capital gain account. It also focused on agriculture, education, housing, social infrastructure, renewable energy, microcredit, and lending to vulnerable sections of society and specified minority communities.
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