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RBI approves extension of Subrat Mohanty as Axis Bank ED till 2029

April 29, 2026

RBI approves Axis Bank’s proposal to extend Subrat Mohanty’s tenure as executive director for three years, effective August 17, 2026 to August 2029.


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.
Published on April 29, 2026