RBI approves Suryoday Bank executive director remuneration

Suryoday Small Finance Bank Limited has received approval from the Reserve Bank of India (RBI) for the revised remuneration of its whole-time director, referred to as the "executive director." The RBI's approval, communicated via Letter No. CO.DOR.HGG.No.S5777/29-44-006/2025-2026 dated October 20, 2025, covers the fixed remuneration (inclusive of perquisites) for the financial year 2025-26 and variable pay for the financial year 2024-25.

This regulatory clearance follows the approval granted by the bank's shareholders at its 17th Annual General Meeting ("AGM"), held on September 11, 2025. The bank confirmed that the approved remuneration package aligns with Regulation 35B of the Banking Regulation Act, 1949, and remains within the overall limits sanctioned by its shareholders.

The intimation was made in accordance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further details are available on the bank's website.