CSB Bank Ltd. has announced that it has received the Reserve Bank of India's (RBI) approval for the reappointment of Pralay Mondal as its Managing Director and Chief Executive Officer for a term of three years, starting from September 15, 2025.
The reappointment reflects the confidence of the regulator and the board in Mondal’s leadership, under which CSB Bank has achieved significant growth in profitability, digital transformation, and retail expansion.
🧑💼 About Pralay Mondal:
Appointed MD & CEO in 2022
Spearheaded transformation in digital banking
Known for risk-managed expansion in SME and retail lending
Former senior executive at Axis Bank and HDFC Bank
📊 Impact of the Reappointment:
✅ Continued strategic direction under Mondal's vision
📈 Positive market sentiment expected among investors and shareholders
💡 Focus on digital, retail, and SME banking to remain a core agenda
🏦 Boosts confidence in RBI’s endorsement of consistent leadership
🏦 About CSB Bank:
CSB Bank, formerly known as Catholic Syrian Bank, is a leading private sector bank in India, headquartered in Thrissur, Kerala. It focuses on retail banking, SME, and agribusiness lending.
❓ FAQs
Q1. Who is the current MD & CEO of CSB Bank?
Pralay Mondal is the current MD & CEO, now reappointed for another three years.
Q2. When does his new term begin?
His new tenure begins from September 15, 2025.
Q3. What are Pralay Mondal’s key achievements at CSB Bank?
He led the bank through a strong retail push, digital transformation, and improved asset quality.
Q4. Is this reappointment approved by RBI?
Yes, the RBI approved his reappointment for a three-year term.
Q5. What does this mean for CSB Bank's future?
The reappointment ensures continuity in leadership, which is likely to boost investor confidence and support long-term growth strategies.
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