RBL Bank has informed that the Sivanandhan Dhanushkodi (DIN: 03607203), Independent Director of the Bank has ceased to be an Independent Director of the Bank, with effect from the close of business hours of Thursday, December 17, 2020, upon completion of the maximum permissible tenure of 8 continuous years, under Section 10A (2A) of the Banking Regulation Act, 1949. The Board placed on record their appreciation for the valuable contribution made by Sivanandhan Dhanushkodi to RBL Bank during his tenure as an esteemed member of the Board for a period of 8 years.
The above information is a part of company’s filings submitted to BSE.
