Meeting Details

The 12th Annual General Meeting was held on Monday, August 31, 2026, at 2:00 pm IST through Video Conferencing/Other Audio-Visual Means in compliance with the Companies Act, 2013 and relevant MCA circulars.

Attendance

  • Mr. Sanjeeb Chaudhuri, Part-Time Non-Executive Chairperson (Independent Director), chaired the meeting
  • All Directors of the Bank were present, including chairs of Audit Committee, Nomination & Remuneration Committee, Risk Management Committee, IT Strategy Committee, and Stakeholders' Relationship & Customer Service Committee
  • Representatives of Joint Statutory Auditors and Secretarial Auditor were present
  • Quorum was present and meeting declared in order

Procedural Matters

Mr. Satish Gaikwad, General Counsel & Company Secretary, confirmed:

  • Requisite registers and documents were available for Member inspection until AGM conclusion
  • Joint Statutory Auditors and Secretarial Auditor issued unqualified Audit Reports
  • Audit Reports were taken as read per applicable provisions
  • E-voting facility was available from August 26, 2026 (9:00 am) to August 30, 2026 (5:00 pm)
  • Members could vote during AGM until 30 minutes after conclusion if not voted remotely
  • Ms. Manisha Bhandari of Bhandari & Associates appointed as Scrutinizer for e-voting process

Presentations and Addresses

Chairperson's Address:

Mr. Sanjeeb Chaudhuri highlighted global and domestic economic environment, and the Bank's focus on:

  • Strengthening governance
  • Risk management
  • Compliance
  • Operational resilience
  • ESG
  • Digital capabilities
  • Long-term growth prospects

MD & CEO's Address:

Mr. V. Vaidyanathan presented:

  • Overview of Bank's performance and key developments
  • Focus on sustainable growth, customer-centricity, digital innovation, profitability, and strong governance practices
  • Management's outlook on future growth prospects
  • Commitment to creating long-term value for all stakeholders
  • Update on Chandigarh incident and subsequent additional controls implemented

Shareholder Interaction

Speaker Members appreciated the MD & CEO's presentation covering:

  • Financial performance progress
  • Governance practices
  • Culture
  • Digital capabilities
  • Customer service

Members sought clarifications on:

  • Financial Statements/ratios
  • Branch network
  • Technology adoption
  • CSR & ESG initiatives
  • Data security
  • Future growth aspects
  • Customer service
  • Capital plan

MD & CEO responded to all queries and provided necessary clarifications.

Voting Results Timeline

E-voting results will be:

  • Declared and submitted to stock exchanges on or before Wednesday, September 2, 2026
  • Placed on Bank's website and NSDL website (www.evoting.nsdl.com)
  • Accompanied by Scrutinizer's Report

Meeting Conclusion

The meeting concluded at 5:10 pm IST after completing all business set out in the Notice. E-voting remained open for 30 minutes post-conclusion for members who had not voted remotely.