Cs Rajan News Today

India Business News: MUMBAI: The RBI has approved the appointment of C S Rajan, independent director of Kotak Mahindra Bank, as its part-time chairman, the bank announced .

The Reserve Bank of India has approved the appointment of CS Rajan as the part-time Chairman of Kotak Mahindra Bank for a two-year term starting January 1, 2024. Rajan, an IAS officer of the 1978 batch, currently serves as an Independent Director on the banks board and retired as the Chief Secretary of the Government of Rajasthan in 2016. He replaces Prakash Apte, whose term expires on December 31, 2023.

The Reserve Bank of India has approved the appointment of CS Rajan as the part-time Chairman of Kotak Mahindra Bank for a two-year term starting January 1, 2024. Rajan, an IAS officer of the 1978 batch, currently serves as an Independent Director on the banks board and retired as the Chief Secretary of the Government of Rajasthan in 2016. He replaces Prakash Apte, whose term expires on December 31, 2023.

India Business News: ​Kotak Mahindra Bank announced today that the Reserve Bank of India (RBI) has approved the appointment of C S Rajan, Independent Director of the Bank,

He is currently an Independent Director on the board of the company since October 2022.

Rajan is currently serving as a non-executive chairman of Infrastructure Leasing and Financial Services Limited, appointed by the government of India, and was also its managing director from April 2019 to October 2022

Nand Kishore, who was serving as an executive director, has been made the Managing Director, according to the company

The debt-ridden Infrastructure Leasing & Financial Services Limited (IL&FS) today said it has addressed debt of Rs 55,000 crore till date, up from Rs 52,200 crore as of November 2021.