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.
Harel is considering an appeal against the Competition Authority's nixing of the merger with the credit card company, while two other suitors await developments.
The mega deal has been approved by the Bank of Israel and the Capital Markets, Insurance and Savings Authority, but, as feared, has fallen at the third regulatory hurdle.