The government appointed Rajneesh Karnatak as managing director of Bank of India (BoI) while Debadatta Chand as head of Bank of Baroda (BoB).

• The central government appoints Karnatak, Executive Director, Union Bank of India, as managing director and CEO of Bank of India for three year with effect from date of assumption of office, Department of Financial Services said in a notification. 
• He replaces Atanu Kumar Das, whose term came to an end in January 2023.