The Board of Directors of Capital Small Finance Bank Limited, in their meeting held on March 31, 2026, has approved the appointment of Mr. Sameer Mahawar as the new Chief Risk Officer (CRO). This appointment is effective from April 01, 2026, following the recommendations of the Nomination and Remuneration Committee. The board meeting, which took place at the bank’s registered office in Jalandhar, commenced at 3:00 p.m. and concluded at 6:30 p.m..

Mr. Sameer Mahawar, a 34-year-old Chartered Accountant and member of the ICAI, brings over 14 years of professional experience to the role, with 11 years specifically in the banking and financial services sector. He has been associated with Capital Small Finance Bank since May 2017, serving across various departments including Finance and Treasury, and most recently held the position of Deputy CRO. He succeeds Mr. Raghav Aggarwal, who is being elevated to the position of Chief Credit Officer (Branch Banking) upon the completion of his tenure as CRO on March 31, 2026.

Capital Small Finance Bank Limited, headquartered in Jalandhar, Punjab, began its operations in 1999 and transitioned from a local area bank to India’s first Small Finance Bank in 2016. The bank primarily operates in northern India, offering a range of products including savings accounts, agricultural loans, and MSME financing across its retail and wholesale banking segments. In 2025, the bank focused on digital expansion and allotted 1.32 lakh equity shares under its ESOP scheme in December to support its growing workforce.

For the last reported quarterly financial results ended December 2025, the bank’s standalone net profit rose to Rs 34.41 Crore, reflecting a growth of 1.06% compared to Rs 34.05 Crore in the corresponding quarter of 2024. Total operating income saw a significant increase of 15.73%, reaching Rs 271.92 Crore from Rs 234.97 Crore in the previous year’s quarter. Notable institutional investors in the company during 2025 included various insurance companies and alternative investment funds, which held approximately 13.12% and 10.49% of the shareholding respectively as of December 2025.