RBI Approves Reappointment of CS Rajan as Part-Time Chairman of Kotak Bank || BANKING AWARENESS

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RBI Approves Reappointment of CS Rajan as Part-Time Chairman of Kotak Mahindra Bank
The Reserve Bank of India (RBI) has approved the reappointment of CS Rajan as the part-time chairman of Kotak Mahindra Bank for a fresh term beginning January 1, 2026, and continuing until October 21, 2027. A retired IAS officer, Rajan has been serving as the bank’s part-time chairman since January 1, 2024, and was first appointed as an Independent Director in October 2022. He also serves as an Independent Director on the board of Kotak Mahindra Life Insurance Company Limited, a wholly owned subsidiary of the bank. Founded in February 2003 and headquartered in Mumbai, Kotak Mahindra Bank Ltd is one of India’s leading private sector banks, led by Ashok Vaswani as its Managing Director and CEO.

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