Kotak Mahindra Bank Limited (KMBL or “Kotak” or “the Bank”) today announced that the Reserve Bank of India (RBI) has accorded its approval for the reappointmentof Mr. C S Rajan, Independent Director on the Board of the Bank, as Part-Time Chairman for a further period from January 1, 2026 to October 21, 2027, in terms of Section 10(B)(1A)(i) of the Banking Regulation Act, 1949. Mr. Ashok Vaswani, Managing Director & CEO, Kotak Mahindra Bank said: “Kotak Mahindra Bank stands at an exciting juncture of growth and transformation. As we navigate our next phase of growth, we look forward to Mr. Rajan’s continued leadership and strategic vision, which will help us deliver sustainable value to our stakeholders.”Mr. C S Rajan, Part-Time Chairman, Kotak Mahindra Bank said: “I am honoured to continue serving as Chairman of Kotak Mahindra Bank. I look forward to working closely with the Board andmanagement to further strengthen the Bank’s position and deliver value to all stakeholders.”