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RBL Bank informs about appointment of part-time chairman

23 Jul 2024 Evaluate

RBL Bank has informed that Prakash Chandra, Non-Executive Part-Time Chairman of the Bank would complete his tenure as Non-Executive Part-time Chairman and Non-Executive Independent Director of the Bank on August 2, 2024. Further it has informed that in response to an application made by the Bank, Reserve Bank of India (RBI) vide its letter dated July 22, 2024 has conveyed its approval for the appointment of Chandan Sinha (DIN: 06921244), one of the existing Non-Executive Independent Director of the Bank as the Non-Executive Part-Time Chairman of the Bank with effect from August 3, 2024 till May 20, 2026 in terms of Section 10 (B) (1A)(i) of the Banking Regulation Act, 1949. Pursuant to the approval granted by the Shareholders at the 78th AGM held on September 21, 2021, Chandan Sinha is serving as a Non-Executive Independent Director on the Board of the Bank since May 21, 2021 and his first term as an Independent Director is for a period of 5 years upto May 20, 2026. Further, in compliance with the Regulation 46(2) of SEBI Listing Regulations, the information is being hosted on the Bank's Website at www.rblbank.com. A brief profile of Chandan Sinha is enclosed.

The above information is a part of company’s filings submitted to BSE.

RBL Bank Share Price

312.80 -5.25 (-1.65%)
23-Apr-2026 16:59 View Price Chart
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