Management Change12 May 2026, 08:31 pm
Suryoday SFB: RBI Approves Nair's Re-appointment as Chairman
AI Summary
The Reserve Bank of India (RBI) has approved the re-appointment of Mr. Krishna Prasad Nair as the Non-Executive Part-time Chairman of Suryoday Small Finance Bank for a term of three years, effective from July 22, 2026, until July 21, 2029. This decision was taken on record by the Bank's Board of Directors on May 12, 2026, and is in accordance with the Banking Regulation Act, 1949, and related RBI guidelines.
Key Highlights
- RBI approves re-appointment of Krishna Prasad Nair as Part-Time Chairman.
- Re-appointment is effective from July 22, 2026, for a three-year term.
- Nair has been an Independent Director since July 22, 2021.
- Board of Directors approved the re-appointment on May 12, 2026.
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