The Capital SFB board approved the appointment of Rachna Dikshit as part-time chairperson at its meeting on September 28, 2026, Capital Small Finance Bank Ltd said in a BSE filing the same day. The board also approved the appointment of Joseph Conrad Agnelo D’souza as an additional director in the non-executive independent category.

Both decisions followed recommendations from the bank’s Nomination and Remuneration Committee. The appointments carry different effective dates and approval requirements:

  • Dikshit’s three-year term as part-time chairperson will take effect from January 30, 2027, subject to approval from shareholders and the Reserve Bank of India.
  • D’souza’s five-year appointment takes effect from September 28, 2026, subject to shareholder approval to be obtained within three months.

Rachna Dikshit’s RBI background

Dikshit has served as an independent director of Capital Small Finance Bank since June 26, 2023. She previously held the position of Chief General Manager at the Reserve Bank of India.

Her RBI assignments included Regional Director for Punjab, Haryana and the Union Territory of Chandigarh, and General Manager roles in the Financial Inclusion and Development Department in Chandigarh and New Delhi. She also served as General Manager in the Department of Banking Regulation at the Mumbai Central Office.

She holds a bachelor’s degree in arts from Lucknow University and a master’s degree in arts from the University of Allahabad. She is also a certified associate of the Indian Institute of Bankers.

Joseph D’souza brings HDFC experience

D’souza has over four decades of experience in banking and financial services. During a tenure exceeding 39 years at HDFC Limited, his responsibilities included strategy, treasury, corporate planning and budgeting, investor relations and corporate finance.

He was a member of HDFC’s executive management and its Chief Investor Relations Officer, having earlier served as Treasurer. He has also undertaken financial-services assignments for multilateral agencies across Asia, Africa and Eastern Europe.

The bank disclosed that neither appointee holds shares in the bank or has an inter-se relationship with its other directors. It also confirmed that neither is debarred from holding a director’s office by SEBI or any other such authority.

Source: BSE corporate announcement.