India, Oct. 2 -- Kotak Mahindra Bank on Thursday said it has received RBI approval to elevate Anup Kumar Saha as its managing director and chief executive. Saha was appointed executive director earlier this year and has been handling the retail banking, data analytics and marketing functions. His appointment is for three years starting January 1, 2027. He had a long stint with ICICI Bank and also worked with non-bank lender Bajaj Finance before joining Kotak Mahindra Bank. The elevation was necessitated by the decision of Ashok Vaswani, the incumbent MD and CEO, not to seek reappointment upon completion of his term. "Since joining Kotak, he has worked closely with our teams and demonstrated a clear understanding of the opportunities ahead...