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Private Sector Bank
Regulatory7 Jul 2026, 09:10 pm

RBI Approves N. S. Vishwanathan's Re-appointment as Axis Bank Chairman

AI Summary

The Reserve Bank of India (RBI) has approved the re-appointment of N. S. Vishwanathan as the Non-Executive (Part-time) Chairman of AXIS Bank Ltd. This approval is for a further period of three years, effective from October 27, 2026, to October 26, 2029. The re-appointment is subject to shareholder approval for his role as an Independent Director. The proposals were part of the notice for the 32nd Annual General Meeting scheduled for July 31, 2026.

Key Highlights

  • RBI approves N. S. Vishwanathan's re-appointment as Chairman.
  • Term is for three years, effective October 27, 2026.
  • Re-appointment contingent on shareholder approval as Independent Director.
  • Details were part of the 32nd AGM notice.