We wish to inform you that Rajiv Anand (DIN: 02541753), Deputy Managing Director of the Bank, has retired from the services of the Bank and has accordingly ceased to be the Whole-time Director (designated as Deputy Managing Director) of the Bank with effect from the close of business hours on August 3, 2025.
AXISBANK · price
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Rajiv Anand, the Deputy Managing Director (DMD) of Axis Bank, has retired from the bank and stepped down from the Board effective close of business hours on August 3, 2025. The bank filed this intimation under SEBI Listing Regulations, noting this follows an earlier communication dated April 25, 2025. The Board has recorded its appreciation for his contributions over the years. The announcement was made via a regulatory filing signed by Company Secretary Sandeep Poddar, with copies marked to the London and Singapore Stock Exchanges.
This is a senior leadership departure at one of India's largest private-sector banks, which may create short-term uncertainty around strategic continuity. Investors should watch for Axis Bank's communication on succession planning and any impact on business direction.