Jana Small Finance Bank has informed that, R Ramaseshan, the present Part Time Chairperson of the Bank, will be retiring from the Board upon completion of his maximum permissible tenure of eight years on 07th February 2026. This retirement is in accordance with Section 10A of the Banking Regulation Act, 1949 read with the RBI circular RBI/2021-22/24 DOR.GOV.REC.8/29.67.001/2021-22 dated 26th April 2021, which stipulates that the total tenure of an NED, continuously or otherwise, on the board of a Bank, shall not exceed eight years In compliance with Section 10A of the Banking Regulation Act, 1949, the Bank has received the approval of the Reserve Bank of India (RBI) vide its letter dated 19th November 2025 for the appointment of Chitra Talwar as the Part-Time Chairperson of the Bank effective from 08th February 2026 up to 30th January 2028. The Bank confirms that Chitra Talwar is not debarred or disqualified from being appointed as a director pursuant to any order issued by SEBI, RBI, MCA, or any other statutory authority. Her appointment also complies with the Fit & Proper criteria prescribed by RBI. Brief profile along with other necessary details are enclosed as Annexure-1 to this letter.
The above information is a part of company’s filings submitted to BSE.
