New Delhi, Oct. 26 -- The Reserve Bank of India (RBI) has approved the reappointment of C S Rajan as Part-Time Chairman of Kotak Mahindra Bank Limited for another term beginning January 1, 2026, until October 21, 2027. The announcement was made by Kotak Mahindra Bank in an official press release, marking a continuation of Rajan's leadership at the private lender.

Rajan has been serving as Part-Time Chairman since January 1, 2024, following his appointment as an Independent Director on the Bank's Board in October 2022.

Commenting on the RBI's approval, Ashok Vaswani, Managing Director and CEO of Kotak Mahindra Bank, said, "Kotak Mahindra Bank stands at an exciting juncture of growth and transformation. As we navigate our next phase of gr...