Bank of India has announced a key leadership change with the appointment of Smt. Usha Ramsinghani as Company Secretary, effective 28.01.2026. The appointment was communicated to stock exchanges under Regulation 6 and 30 of SEBI (LODR) Regulations, 2015, ensuring compliance with regulatory disclosure requirements.

Leadership Transition Details

The appointment comes as part of an internal reorganization, with Smt. Ramsinghani replacing Shri Rajesh V. Upadhya, who has been transferred to the Zonal Audit Office in Hyderabad. This transition represents a planned internal movement within the bank's organizational structure.

Professional Background and Qualifications

Smt. Usha Ramsinghani brings a robust professional profile to her new role as Company Secretary. Her educational and professional credentials demonstrate comprehensive expertise in banking, finance, and corporate governance.

Key Qualifications:

• Science Graduate
• Qualified Company Secretary (ACS-78171)
• Chartered Accountant
• CAIIB (Certified Associate of Indian Institute of Bankers)
• Over 13 years of professional experience
• Current position: Assistant General Manager

Regulatory Compliance

The appointment notification was formally communicated to both the National Stock Exchange of India Ltd. and BSE Ltd., ensuring full compliance with stock exchange listing requirements. The bank's reference number HO:IRC:SVM:2025-26:398 dated 27.01.2026 documents this regulatory filing.

The transition reflects Bank of India's commitment to maintaining strong corporate governance standards while ensuring continuity in key management positions. Smt. Ramsinghani's extensive experience and multiple professional qualifications position her well to handle the responsibilities of Company Secretary in the current regulatory environment.

Bank customers across the country should note that bank branches will remain shut today due to the scheduled weekly holiday. January 24 falls on the fourth Saturday of the month, which is observed as a bank holiday under Reserve Bank of India (RBI) norms.

RBI Holiday Schedule

The Reserve Bank of India follows a standardized holiday calendar that includes weekly offs on the second and fourth Saturdays of each month. This practice ensures uniformity across all banking institutions in the country.

Impact on Banking Services

Customers planning to visit bank branches today will find them closed as per the scheduled weekly holiday. This closure affects all physical banking operations across the country.

Alternative Banking Options

While bank branches remain closed, customers can continue to access essential banking services through:

• ATM services for cash withdrawals and deposits
• Online banking platforms
• Mobile banking applications
• Digital payment systems

The next working day for banks will resume with normal business hours and full service availability.