RBL Bank Limited — Board Meeting, 15-01-2025: Outcome of Board Meeting

RBL Bank has announced a board meeting outcome, approving the appointment of Mr. Soma Sankara Prasad as an Additional Non-Executive Independent Director for four years, subject to shareholder approval. Mr. Prasad brings 38 years of banking experience, including leadership roles at UCO Bank and State Bank of India. His diverse background encompasses retail banking, treasury operations, and international banking, enhancing the board's expertise. This appointment is expected to strengthen strategic decision-making, leveraging his extensive industry knowledge.