
Management Change4 Nov 2026, 06:41 pm
RBI Approves Munish Sharda's Re-appointment as Executive Director
AI Summary
AXIS Bank Ltd has received approval from the Reserve Bank of India (RBI) for the re-appointment of Munish Sharda as Whole-Time Director, designated as Executive Director. This reappointment is for a further period of three years, effective from February 27, 2027, up to February 26, 2030. The approval from the RBI follows the Board of Directors' initial approval of the re-appointment on June 29, 2026. The reappointment is also subject to shareholder approval.
Key Highlights
- RBI approves Munish Sharda's reappointment as Executive Director.
- Re-appointment is for a three-year term starting February 27, 2027.
- Shareholder approval is still required for the reappointment.
- This is a continuation of previous board approval.
Price Impact
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