RBI approves Rakesh Makhija as Axis Bank's new chairman
3 Jun 2019 4:59 PM GMT
New Delhi: Axis Bank Monday said the Reserve Bank of India (RBI) has approved appointment of Rakesh Makhija as chairman of the bank.
The board of the bank in March had approved appointment of Makhija as chairman subject to RBI clearance.
"We would like to inform you that RBI vide its letter dated 3151 May 2019 has approved the appointment of Rakesh Makhija (DIN: 00117692), independent director as the non-executive (part-time) chairman of the bank, for a period of 3 years, with effect from July 18, 2019, up to July 17, 2022 (both days inclusive)," Axis Bank said in a regulatory filing.
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