Date: July 7, 2026
KMP / Board / Auditor Changes
- Name and Designation: N. S. Vishwanathan, Non-Executive (Part-Time) Chairman
- Type of Change: Re-appointment
- Effective Date and Term: The re-appointment is for a period of three years, effective from October 27, 2026, until October 26, 2029 (both days inclusive).
- Approval Status: The re-appointment has been approved by the Reserve Bank of India (RBI) vide its letter no. CO.DOR. HGG No.S2961/08-86-001/2026-27 dated July 7, 2026.
- Condition: The RBI approval is subject to his re-appointment as an Independent Director by the shareholders of the Bank for the same term.
Board Meeting Outcomes
This disclosure is a follow-up to a previous intimation (letter no. AXIS/CO/CS/50/2026-27 dated April 25, 2026) that the Board of Directors had initially approved this re-appointment.
Other Operational / Legal / Strategic Disclosures
The proposals for his re-appointment as both Non-Executive (Part-time) Chairman and as an Independent Director are included in the Notice dated April 25, 2026, for the 32nd Annual General Meeting (AGM). The AGM is scheduled to be held on Friday, July 31, 2026, where shareholder approval will be sought.