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Exclusive: Unity SFB extends Inderjit Camotra’s tenure by 6 months; RBI approval for new CEO likely in 2-3 weeks
Economic Times 2 hrs ago·16 Sept 2026, 4:16 pm
Unity Small Finance Bank has decided to extend the tenure of its Managing Director and CEO, Inderjit Camotra, by an additional six months. This move comes as the bank prepares to submit names for a permanent successor to the Reserve Bank of India (RBI). The bank has already submitted the names to the regulator, and approval is expected within the next two to three weeks.
This extension is a strategic step to ensure business continuity and stability for the lender. Investors will be closely watching the outcome of the RBI's approval process, as the appointment of a new CEO is a significant corporate event. The market will likely react to the announcement of the new leadership, which could influence the bank's stock performance in the near term.
Excerpt from Economic Times
Published On Sep 16, 2026 at 09:46 PM IST The Reserve Bank of India has extended the tenure of Inderjit Camotra as managing director and chief executive officer of Unity Small Finance Bank by six months till February 4, 2027, as the lender awaits regulatory approval for his successor. “The RBI has extended Mr.…Read the original at Economic Times
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