CSB Bank secures RBI approval for Mondal's reappointment

CSB Bank [BSE:CSBBANK] announced that it has received approval from the Reserve Bank of India (RBI) for the reappointment of Mr. Pralay Mondal (DIN: 00117994) as Managing Director & CEO of the bank. The reappointment, effective from September 15, 2025, is for a period of three years. This is in line with Section 35B of the Banking Regulation Act, 1949. The bank will seek shareholder approval for the reappointment as per the Companies Act, 2013 and SEBI Listing Regulations. The announcement, made in compliance with Regulation 30 of the SEBI Listing Regulations, confirms that Mr. Mondal is not related to any other director of the bank and is not debarred from holding the position by any regulatory authority.