RBL Bank Limited announced that Executive Director Rajeev Ahuja will retire from his position upon completion of his current RBI-approved term ending February 20, 2026. The Board of Directors made this announcement during its meeting held on December 30, accepting his retirement request effective February 21, 2026.

Executive Director Retirement Details

The board accepted Mr. Rajeev Ahuja's request to retire from his position as Executive Director and Key Managerial Personnel, marking the end of his tenure with the bank. His retirement coincides with the completion of his current term approved by the Reserve Bank of India.

Contributions and Legacy

The Board expressed profound appreciation for Mr. Ahuja's contributions, highlighting his pivotal role in the bank's transformation journey from Ratnakar Bank to RBL Bank. He has been a core member of the senior management team for over a decade, serving as a strong stabilizing force for the institution.

During his tenure, Ahuja oversaw multiple capital issuances and played a key role in forging new partnerships while strengthening investor relations. He provided oversight to the retail banking business and contributed significantly to the bank's digital initiatives. His leadership was particularly notable in establishing the Banking as a Service (BAAS) business, helping position RBL Bank as a pioneer in this domain.

Regulatory Compliance and Disclosure

The announcement was made under Regulation 30 of SEBI Listing Regulations, with the board meeting conducted on December 30. The decision aligns with regulatory requirements and marks a planned transition as Ahuja's current term reaches its natural conclusion. The board noted that his leadership and commitment had significantly contributed to the bank's growth trajectory over more than a decade of service.

Succession Planning

The bank has previously announced that Mr. Jaideep Iyer will be appointed as Additional Director and Whole-time Director, designated as Executive Director, effective February 21, 2026, subject to RBI approval and shareholder consent. This ensures a smooth transition in executive leadership as Ahuja steps down from his role.

RBL Bank management has disclosed important guidance regarding Expected Credit Loss (ECL) projections during a recent Citi conference. The bank's leadership indicated that the ECL effect is anticipated to range between 10-15% of the current net worth.

ECL Impact Assessment

The management's projection provides a quantitative framework for understanding the potential credit loss provisions. This guidance helps stakeholders assess the bank's risk exposure and provisioning requirements.

Strategic Implications

The ECL guidance reflects RBL Bank's approach to credit risk management and provisioning strategies. This disclosure demonstrates transparency in communicating potential financial impacts to investors and analysts.

The management's assessment during the Citi conference provides market participants with insights into RBL Bank's credit portfolio evaluation and risk mitigation measures. Such guidance helps in understanding the bank's preparedness for managing credit challenges and maintaining financial stability.