Anand Mahindra reappointed to RBI board

Meanwhile, the Economic Times daily newspaper is available online now.

Key points

• Somanath is an aerospace engineer who served as secretary of the Department of Space, chairman of the Space Commission and chairman of ISRO from January 2022 to January 2025.
• Both appointments are for four years effective August 20, 2026, the RBI remarked.
• Govt reappoints Anand Mahindra to RBI board, names former Isro chief S Somanath as non-official director.
• Anand Mahindra has been reappointed to the Reserve Bank of India's central board.
• Power shift, a déjà vu: Air India could be new CEO's toughest flight yet.

Govt reappoints Anand Mahindra to RBI board, names former Isro chief S Somanath as non-official director. ET BureauLast Updated: Aug 20, 2026, 09: 50: 00 PM IST.

Anand Mahindra has been reappointed to the Reserve Bank of India's central board. Former ISRO Chairman S Somanath additionally joins the board for a four-year term. Their appointments are effective from August 20, 2026, according to the RBI. Mahindra's reappointment ensures continuity and brings diverse business experience. Somanath's technological expertise will aid the central bank's digital focus.

Mumbai: The central administration has reappointed Mahindra Group chairman Anand Mahindra as a part-time, non-official director on the Reserve Bank of India's central board and appointed former Indian Space Research Organisation Chairman S Somanath to the board. Both appointments are for four years effective August 20, 2026, the RBI remarked. Mahindra, who was first nominated to the RBI board in June 2022, will commence another four-year term. He is chairman of the Mahindra Group, whose businesses span automobiles, farm equipment, financial services, information technology, real estate, logistics and hospitality. His reappointment provides continuity to the board and brings experience throughout manufacturing, rural markets, technology and financial services.

Somanath is an aerospace engineer who served as secretary of the Department of Space, chairman of the Space Commission and chairman of ISRO from January 2022 to January 2025. His tenure at the space agency included the successful Chandrayaan-3 mission. It created India the first country to land near the Moon's south pole. His appointment broadens the technological expertise available to the RBI board as the central bank strengthens its focus on digital payments, resilient financial infrastructure and emerging technology risks. Live Events.

For context, the central board oversees the affairs and business of the RBI and deliberates on matters ranging from regulation and supervision to currency management, financial stability and the central bank's accounts. It includes the RBI governor and deputy governors, administration nominees and non-official directors drawn from different fields. Add Now! Anand MahindraReserve Bank of IndiaRBI boardS Somanathgovernment appointmentsaerospace engineerfinancial services. Anand MahindraReserve Bank of IndiaRBI boardS Somanathgovernment appointmentsaerospace engineerfinancial services. Train station to rocket propellants, a Nagpur firm's INR21k-cr journey. Are patients paying the cost for India's PE-led healthcare boom?

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For now, anand Mahindra reappointed to RBI board remains the part of the story worth watching, and further updates are likely as more details are confirmed.