RBI Approves Extension Of C.S. Rajan’s Term As Kotak Mahindra Bank Chairman

The Reserve Bank of India (RBI) has approved the reappointment of C.S. Rajan as Part-Time Chairman of Kotak Mahindra Bank, effective January 1, 2026.

Rajan, a 1978 batch IAS officer and former Chief Secretary of Rajasthan, has over four decades of experience across infrastructure and governance sectors. He also serves on the Board of Kotak Mahindra Life Insurance Company Ltd. He has also contributed to World Bank projects and co-authored a study on farmer participation in agricultural research. Post-retirement, he served as Deputy Chairman of the Rajasthan Chief Minister’s Advisory Council and held leadership roles at IL&FS, including Chairman and Managing Director (CMD).

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