Who is the new Chief Risk Officer at Axis Bank?

Anand Viswanathan has been appointed as the new Chief Risk Officer at Axis Bank for a period of three years starting January 1, 2026.

What is the total value of non-convertible debentures approved by Axis Bank's board?

Axis Bank's board has approved the allotment of non-convertible debentures (NCDs) aggregating to Rs 5,000 crore.

How did Axis Bank's net profit perform in Q2 FY26?

Axis Bank reported a 26.42% decline in standalone net profit to Rs 5,089.64 crore in Q2 FY26 compared to Q2 FY25.

Home / Business and Economy / Axis Bank Appoints New Chief Risk Officer

Axis Bank Appoints New Chief Risk Officer

27 Nov

•

Summary

Anand Viswanathan appointed Chief Risk Officer for 3 years from January 1, 2026.
Axis Bank board approved Rs 5,000 crore NCD issue with a 7.27% coupon rate.
The bank's Q2 FY26 net profit declined 26.42% YoY to Rs 5,089.64 crore.

Axis Bank has announced the appointment of Anand Viswanathan as its Chief Risk Officer (CRO), effective January 1, 2026. Viswanathan, who brings over two decades of experience in risk management, financial markets, and structuring, will serve a three-year term. He is a distinguished alumnus of IIM Calcutta and holds multiple professional certifications.

Further bolstering its financial standing, the bank's board has also approved the private placement of Rs 5,000 crore through non-convertible debentures (NCDs). These NCDs, rated AAA by leading agencies, will mature in November 2035 and carry an annual coupon rate of 7.27%.

These developments occur as Axis Bank reported a standalone net profit of Rs 5,089.64 crore for the second quarter of FY26, marking a 26.42% decrease from the previous year, despite a slight increase in total income.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.