
RBI Approves Pralay Mondal’s Reappointment As MD & CEO Of CSB Bank
CSB Bank Limited announced that the Reserve Bank of India (RBI) has approved the reappointment of Pralay Mondal as its Managing Director and Chief Executive Officer (MD & CEO), effective September 15, 2025.
Mondal has served as interim MD and CEO since April 2022. He joined the bank in 2020 from Axis Bank, initially as President overseeing retail, SME, operations, and IT, and was later elevated to Deputy MD. He earlier held senior roles at YES Bank, where he led the setup of the retail banking franchise and engaged with investors and analysts for raising capital. He also had a 12-year stint at HDFC Bank and worked with Standard Chartered Bank, Wipro InfoTech, and Colgate Palmolive. Mondal is an engineer from IIT Kharagpur and a management graduate from IIM Calcutta with nearly 30 years of experience in banking.