RBI Approves Mohanty Extension as Axis Bank ED

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Apr 29, 2026 20:51

RBI approves 3-year extension for Subrat Mohanty as Executive Director of Axis Bank. Term effective from August 17, 2026 to August 16, 2029.

RBI Approves Mohanty Extension as Axis Bank ED

New Delhi, Apr 29 (PTI) Axis Bank on Wednesday said the Reserve Bank has approved the extension of tenure of Subrat Mohanty as executive director (ED) of the private sector lender for three years.

The board, on January 27, 2026, approved the re-appointment of Subrat Mohanty as the Whole-Time Director (designated as ED ) for a further period of three years, Axis Bank said in a regulatory filing.

His extended three-year term would be effective from August 17, 2026, up to August 16, 2029 (both days inclusive), it said.

The Reserve Bank of India, in a letter dated April 29, 2026, has approved the re-appointment, it added.

Source: PTI By Rediff Money Desk, New Delhi

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