This is to inform you that in terms of the applicable laws and based on the recommendation of Nomination and Remuneration Committee of Directors, the Board of Directors at its meeting held today, i.e. Friday, April 29, 2022, approved the re-appointment of Girish Paranjpe as an Independent Director of the Bank, for the second term of four years effective from Wednesday, November 2, 2022 up to Sunday, November 1, 2026 (both days inclusive), subject to approval of the members of the Bank.