Nature of change: Appointment of Additional Director (Non-Executive Independent category)
Name and DIN: Mr. Rajan T.K (DIN- 08990301)
Effective date and tenure: July 29, 2026 for a period of 5 years
Brief profile: Seasoned finance professional with over 34 years of service with Reserve Bank of India (RBI), retired as Chief General Manager in-charge of Supervision of banking sector. Previously served as Chief General Manager, Cyber and IT Risk Group, Department of Supervision of RBI. Instrumental in setting up regulatory units for cyber and IT risks in banking sector, introduction of major regulations, rolling out supervisory tools including IT Examinations, off-site assessment framework, incident reporting, cyber reconnaissance, and automation of supervisory processes through DAKSH platform.
Led RBI in national committees involving Indian Cyber Crime Coordination Centre (MHA), DoT, National CERT-In, National Cyber Coordinator. Represented RBI at Financial Stability Board headquartered in Basel, Switzerland in cyber risk initiatives including development of cyber lexicon and cyber incident reporting framework. Member of Basel Consultative Group (BCG) of Bank for International Settlements and member of Board of Directors of Reserve Bank Information Technology Pvt. Ltd. (ReBIT). Previously represented RBI on boards of two private sector banks, including Dhanlaxmi Bank Limited. Extensive experience in off-site and on-site supervision.
Confirmation of eligibility: The Bank affirms that Mr. Rajan T.K is not debarred from holding office of director by virtue of any order of Securities and Exchange Board India or any other such authority.
Shareholder approval: The Bank will seek approval of shareholders within prescribed time period in accordance with Companies Act, 2013 and SEBI Regulations.
Board Meeting Details
Meeting date: July 29, 2026
Meeting timing: Commenced at 12:00 Noon and concluded at 3:30 PM
