General Announcement::Re-designation of Shri Rajiv Anand as the Deputy Managing Director of the Bank

Issuer & Securities

Issuer/ Manager
AXIS BANK LIMITED
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
27-Oct-2021 20:14:46
Status
New
Announcement Sub Title
Re-designation of Shri Rajiv Anand as the Deputy Managing Director of the Bank
Announcement Reference
SG211027OTHRVYS2
Submitted By (Co./ Ind. Name)
Akhalesh Sahu
Designation
Manager
Description (Please provide a detailed description of the event in the box below)

This is to inform you that the Board of Directors of the Bank at its Meeting held today has re-designated Shri Rajiv Anand, Executive Director (Wholesale Banking) as the Deputy Managing Director of the Bank, on the existing terms and conditions, including remuneration, in terms of the relevant provisions of the Companies Act, 2013 read with the relevant Rules made thereunder, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the applicable provisions of the Banking Regulation Act, 1949, and the rules, guidelines and circulars issued by the Reserve Bank of India, in this regard, from time to time.

The said re-designation is subject to the approval of the Reserve Bank of India and the Shareholders of the Bank and will be effective from such date as may be approved by the Reserve Bank of India.

The brief profile of Shri Rajiv Anand is enclosed herewith.

Attachments