RBI clears Subrat Mohanty’s reappointment as Axis Bank Executive Director for three years

This report covers key India-focused updates related to loans, EMI, interest rates and banking. RBI clears Subrat Mohanty’s reappointment as Axis Bank Executive Director for three years Axis Bank announced a significant development today. The Reserve Bank of India has given its approval for Subrat Mohanty's reappointment. He will continue to serve as Executive Director for another three-year term. This new tenure is set to begin on August 17, 2026. Mohanty's extended role will conclude on August 16, 2029. Listen to this article in summarized format (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)