As per Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Karnataka Bank has informed that, in response to its application, the Reserve Bank of India vide its letter dated 22.12.2022 has conveyed its approval for appointment of Sekhar Rao (DIN:06830595) as the Executive Director of the Bank for a period of three years from the date of taking charge. The Board of Directors of the Bank at its meeting held today has taken the above communication on record and the Bank will complete the necessary formalities pursuant to the aforesaid approval.
The above information is a part of company’s filings submitted to BSE.
