RBL Bank Extends Chairman Chandan Sinha's Tenure as Independent Director

RBL Bank Approves Re-appointment of Chairman

RBL Bank has announced a significant decision regarding its leadership continuity. The bank's Board of Directors has approved the re-appointment of Mr. Chandan Sinha as a Non-Executive Independent Director for a second term. This move underscores the bank's commitment to maintaining stability in its top leadership.

Key Details of the Re-appointment

Aspect	Details
Name	Mr. Chandan Sinha
Current Position	Part-time Chairman
New Appointment	Non-Executive Independent Director
Term Duration	3 years
Effective Period	May 21, 2026 to May 20, 2029
Total Tenure	Will complete 8 continuous years on the Bank's Board
Approval Status	Subject to shareholder approval

About Chandan Sinha

Mr. Chandan Sinha brings a wealth of experience to his role at RBL Bank:

Former Executive Director of the Reserve Bank of India (RBI)
Over 35 years of experience in central banking
Extensive background in the banking and financial services sector, spanning more than 40 years

Implications for RBL Bank

The re-appointment of Mr. Sinha is a strategic move by RBL Bank to ensure leadership continuity. His extensive experience in central banking and the financial sector is expected to provide valuable guidance to the bank as it navigates the evolving banking landscape in India.

This decision also reflects the bank's confidence in Mr. Sinha's leadership and his contributions to the bank's governance over his initial term. The extension of his tenure to a total of eight years on the Board suggests a long-term approach to the bank's strategic direction and oversight.

Next Steps

While the Board has approved this re-appointment, it is important to note that the final decision rests with the shareholders. RBL Bank will seek shareholder approval for Mr. Sinha's re-appointment, as required by corporate governance norms.

As the banking sector continues to face challenges and opportunities, RBL Bank's move to retain experienced leadership could be seen as a positive signal to stakeholders, potentially contributing to the bank's stability and growth strategies in the coming years.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.61%	-2.88%	-3.50%	+33.47%	+81.80%	+44.64%

RBL Bank has announced a significant employee stock option (ESOP) grant, demonstrating its commitment to employee retention and long-term incentivization. The bank's Nomination and Remuneration Committee has approved the allocation of stock options to eligible employees under its ESOP 2013 and ESOP 2018 plans.

Key Details of the ESOP Grant

Aspect	Details
Number of Stock Options	45,40,591
Convertible to Equity Shares	45,40,591 shares of Rs. 10/- each
Exercise Price	Rs. 305.80 per option
Price Determination	Based on the closing price on December 5, 2025 (previous trading day) on NSE

Vesting Schedule

The stock options granted will vest over a three-year period according to the following schedule:

Year	Vesting Percentage
End of 1st Year	30%
End of 2nd Year	30%
End of 3rd Year	40%

Exercise Period

Employees will have the opportunity to exercise these options within a five-year window from the date of vesting, subject to the terms and conditions outlined in the ESOP 2013 and ESOP 2018 plans.

This stock option grant serves multiple purposes for RBL Bank:

Employee Retention: By offering a long-term incentive, the bank aims to retain its valuable employees.
Performance Motivation: The vesting schedule encourages sustained performance over multiple years.
Alignment of Interests: Stock options help align employee interests with those of the bank's shareholders.

The exercise price of Rs. 305.80 per option reflects the market value of RBL Bank's shares, ensuring that employees benefit from future price appreciation. This approach ties the potential rewards directly to the bank's performance and stock market valuation.

As RBL Bank continues to navigate the competitive banking landscape, such employee incentive programs play a crucial role in attracting and retaining talent, which is essential for the bank's growth and success in the long run.