Axis Bank s board approved the re-appointment of Amitabh Chaudhry as MD & CEO for three more years, subject to RBI approval, effective January 2025. Chaudhry, who joined in 2019, led HDFC Life previously. The bank also re-appointed Meena Ganesh and Gopalaraman Padmanabhan as Independent Directors. In Q4, Axis Bank reported strong profits, with concerns about deposit growth for the upcoming fiscal yea
Axis Bank also announced the reappointment of Meena Ganesh and Gopalaraman Padmanabhan as independent directors for a second term till July 31, 2028 and October 27, 2028 respectively.
Axis Bank CEO Amitabh Chaudhry said lenders need to stay vigilant about economic outlook despite the recent robust growth, as India's post-pandemic rebound loses steam and global economic volatility makes forecasting more difficult.