Kotak Mahindra Bank Limited announced that the Reserve Bank of India ("RBI") has, vide its letter dated March 19, 2024 (received by the Bank on March 19, 2024) approved the re-designation, from March 19, 2024, co-terminus with Mr. K.V.S. Manian. Accordingly, Mr. Manian's designations as Joint Managing Director has come into effect from March 19, 2024.