RBI Approval

Summary by AI BETAClose X

Axis Bank Limited announced that the Reserve Bank of India has approved the re-appointment of N. S. Vishwanathan as Non-Executive (Part-time) Chairman for a further three-year term, commencing October 27, 2026, and concluding October 26, 2029. This approval is contingent upon his re-appointment as an Independent Director by the bank's shareholders, a proposal that will be presented at the upcoming 32nd Annual General Meeting on July 31, 2026.

Disclaimer*

Axis Bank Limited
07 July 2026
 

AXIS/CO/CS/229/2026-27

 

July 7, 2026

 

National Stock Exchange of India Limited

Exchange Plaza,

Plot No. C/1, "G" Block

Bandra-Kurla Complex

Bandra (E), Mumbai - 400 051

 

NSE Symbol: AXISBANK

BSE Limited

P. J. Towers,

Dalal Street

Fort, Mumbai - 400 001

 

 

BSE Scrip Code: 532215

 

Dear Sir/Madam,

 

REF: DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("SEBI LISTING REGULATIONS")

 

SUB: RE-APPOINTMENT OF N. S. VISHWANATHAN AS THE NON-EXECUTIVE (PART-TIME) CHAIRMAN OF THE BANK.

 

This is in continuation of our letter no. AXIS/CO/CS/50/2026-27 dated April 25, 2026 intimating you that the Board of Directors of the Bank had approved the re-appointment of N. S. Vishwanathan  as a Non‑Executive (Part‑time) Chairman of the Bank for a further period of three years with effect from October 27, 2026 till October 26, 2029 (both days inclusive), subject to approval of the shareholders of the Bank and Reserve Bank of India ("RBI").

 

We now wish to inform you that the RBI vide its letter no. CO.DOR. HGG No.S2961/08-86-001/2026-27 dated July 7, 2026, has approved his re-appointment as the Non‑Executive (Part‑time) Chairman, subject to his re-appointment as an Independent Director in the normal course for the said term by the shareholders.

 

Please note that the proposals for his re-appointment as a Non‑Executive (Part‑time) Chairman and as an Independent Director forms part of the Notice dated April 25, 2026, relating to the 32nd Annual General Meeting, scheduled on Friday, July 31, 2026.


http://www.rns-pdf.londonstockexchange.com/rns/3890L_1-2026-7-7.pdf

 

This is for your information and records.

 

Thanking You.

 

With warm regards,

 

For Axis Bank Limited

 

 

 

Sandeep Poddar

Company Secretary

 

CC: London Stock Exchange

        Singapore Stock Exchange

 

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