The Karnataka Bank Limited has informed the Exchange about re-appointment of Independent Director of the Bank - Outcome of the Board Meeting
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The board of Karnataka Bank, at its meeting on August 22, 2025, approved the re-appointment of Mrs. Uma Shankar as a Non-Executive Independent Director for a further three-year term, from November 1, 2025 to October 31, 2028. Her current tenure ends on October 31, 2025, and she has been on the bank's board since November 1, 2020. Mrs. Uma Shankar is a former Executive Director of the Reserve Bank of India with over 37 years of experience in financial sector supervision, currency management, and foreign exchange. The re-appointment is subject to shareholder approval through a special resolution, and the bank has confirmed she has not been debarred by SEBI or any other authority.
This is a routine governance update with no material impact on the stock. Continuity of an experienced former RBI official on the board is generally viewed positively by investors, signalling stable regulatory oversight at the bank.