08-Jul-2026 08:51:14

SOUTH INDIAN BANK : RBI APPROVES APPOINTMENT OF MAHESH MURALIDHAR PAI AS MD & CEO

• RBI conveyed approval for appointment of Mr. Mahesh Muralidhar Pai (DIN: 09164982) as Managing Director & CEO • Appointment is for a period of three years with effect from October 1, 2026 • Mr. Pai, aged 50, has nearly 3 decades of experience in banking, strategy, treasury, foreign exchange, retail, agriculture and MSME credit • Presently Chief General Manager at Canara Bank, spearheading digital banking and innovation • Not related to any Directors of The South Indian Bank Ltd. Impact: Management change likely to bring fresh perspective and expertise to the bank

South Indian Bank Ltd

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