Tamilnad Mercantile Bank's Board approved a one-year extension for CRO Laxman Karkala Kudva, effective August 12, 2026 to August 11, 2027.
The extension complies with RBI Master Direction on Governance (No. DOR.HGG.GOV.No.68/29.67.001/2025-26) dated November 28, 2025.
Kudva, an EVP with 40 years of banking experience and 16 years in risk management, originally joined TMB as CRO on August 12, 2024.