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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 bank's 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 bank's 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.