Nature of change: Appointment of Additional Director in the category of Non-Executive Independent Director
Name and DIN: Mr. Parthasarathi Periaswamy (DIN: 08507318)
Effective date and tenure: Appointed for a period of four years with effect from July 29, 2026
Profile and qualifications: Seasoned technology and cybersecurity leader with over three decades of experience at the highest levels of India's financial sector. Former Chief Information Security Officer and Chief General Manager (IT) at the Reserve Bank of India. Previously served as Chief Technology Officer at the Institute for Development and Research in Banking Technology (IDRBT). Has played a pivotal role in shaping national cybersecurity frameworks, modernizing mission critical infrastructure, and strengthening resilience across the banking ecosystem.
Regulatory compliance: Confirmed that Mr. Periaswamy has not been debarred from holding the office of a Director by virtue of any order passed by SEBI or any other authority, per BSE Circular No.: LIST/COMP/14/2018-19 dated June 20, 2018 and NSE Circular No.: NSE/CML/2018/24 dated June 20, 2018.
Approval status: The appointment is subject to the approval of the shareholders of the Bank as per SEBI (LODR) Regulations, 2015 and applicable provisions of the Companies Act, 2013.
Board Meeting Details
The Board Meeting was held on Wednesday, July 29, 2026
Meeting commenced at 10:00 AM and concluded at 04:40 PM
