The Reserve Bank of India (RBI) approved the appointment of Muralidhar Pai as the new Managing Director and Chief Executive Officer of South Indian Bank for a three-year term commencing October 1, 2026. Additionally, the RBI reappointed N.S. Vishwanathan (former RBI Deputy Governor) as Part-Time Non-Executive Chairman of Axis Bank. South Indian Bank is a private sector bank headquartered in Thrissur, Kerala, established in 1929. It is one of the oldest private banks in India.
Person in News
RBI Approves Muralidhar Pai as South Indian Bank MD & CEO for 3 Years from October 1, 2026
Key Points
- The Reserve Bank of India (RBI) approved the appointment of Muralidhar Pai as the new Managing Director and Chief Executive Officer of South Indian Bank for a three-year term commencing October 1, 2026
- Additionally, the RBI reappointed N.S
- Vishwanathan (former RBI Deputy Governor) as Part-Time Non-Executive Chairman of Axis Bank
- South Indian Bank is a private sector bank headquartered in Thrissur, Kerala, established in 1929
- It is one of the oldest private banks in India
📋
📎 Read original source ↗Exam Note
• Muralidhar Pai: RBI-approved MD&CEO, South Indian Bank (3 yr from Oct 1, 2026) • N.S. Vishwanathan (ex-RBI DG): reappointed Part-Time Non-Executive Chairman, Axis Bank • South Indian Bank: HQ Thrissur, Kerala; est. 1929; one of India's oldest private banks • RBI approves bank CEOs under Banking Regulation Act 1949, Section 35B
