Economy, Banking and Finance · 24 March 2026

Reserve Bank of India (RBI) approves Jose Joseph Kattoor as South Indian Bank Chairman

Exam-focused facts from the 24 March 2026 current affairs briefing.

Key facts

  • Reserve Bank of India (RBI) sanctioned the appointment of former RBI Executive Director Jose Joseph Kattoor as non-executive part-time chairman of South Indian Bank on 3 February 2026.
  • Kattoor’s chairmanship is effective 23 March 2026 for a three-year term.
  • He served at RBI from 1991 to 2023 and led departments including enforcement, corporate strategy, currency, and human resources.
  • Kattoor has been an independent director on South Indian Bank’s board since 18 July 2024.