S. Somanath Appointed to Reserve Bank of India (RBI) Central Board

Key facts

• S. Somanath, former chairman of the Indian Space Research Organisation (ISRO), was appointed as a part-time non-official director on the central board of the Reserve Bank of India (RBI) for four years, effective August 20, 2026.
• S. Somanath retired from ISRO in January 2025 and later became the chancellor of Chanakya University, a liberal arts university near Bengaluru.
• Anand Mahindra was reappointed as a part-time non-official director on the RBI central board for another four years.
• Other members of the RBI central board include Revathy Iyer, a retired officer from the Indian Audit & Accounts Service, and Sachin Chaturvedi, Director General of the Research and Information System for Developing Countries (RIS).