MUMBAI: South Indian Bank has appointed Jose Joseph Kattoor as non-executive part-time chairman (independent director) for a term of three years, after receiving approval from Reserve Bank of India on Feb 3, 2026. Jose Kattoor succeeds V J Kurian, who completed his tenure on Sunday. Kurian had been associated with the bank’s board since 2018 as an independent director. Kattoor has over three decades of experience at RBI, where he served from 1991 until his retirement in 2023 as executive director.
Rapido valued at $3 billion with fresh $240 million funding
MUMBAI: Rapido, which rivals Uber and Ola in India’s ride-hailing market, has raised a fresh $240 million in funding led by Dutch technology investor Prosus at a valuation of $3…