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S. Somanath and Anand Mahindra Join RBI Central Board

22 August 20261 min read
BANKING & FINANCES. Somanath andAnand MahindraJoin RBI CentralBoard22 August 2026safalsetu.com

Why in the news

The Reserve Bank of India Central Board gained two part-time, non-official directors: former ISRO chief S. Somanath and Anand Mahindra.

Key facts

  • Directors: S. Somanath and Anand Mahindra (appointed or re-appointed).
  • Category: part-time, non-official directors.
  • Term: four years, starting 20 August 2026.

About S. Somanath

  • He was the 10th Chairman of ISRO, January 2022 to January 2025.
  • During that period India achieved a Chandrayaan-3 soft landing close to the lunar south pole.

Exam angle

  • Board: RBI Central Board.
  • Who: ex-ISRO chief and Anand Mahindra; tenure: 4 years.

Test yourself

1. S. Somanath, appointed to the RBI Central Board, earlier chaired which organisation?

He was the 10th Chairman of ISRO.

2. What is the tenure of the new part-time non-official directors on the RBI Central Board?

Their tenure is four years from 20 August 2026.

3. Which lunar mission achieved a soft landing near the south pole during S. Somanath's ISRO tenure?

The notes credit the Chandrayaan-3 soft landing to his tenure.