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STATUTORY REPORTS
B. Remuneration to other directors:
(` In Lakhs)
Particulars of Remuneration
Name of Directors
total Amount
1) Independent Directors
Fees for attending board and board committee meetings (Sitting Fees)
Mr. Sunil Vinayak patel*
19.40
Mr. Luis Miranda**
10.05
Mr. Prabal Kumar Sen
12.60
Mr. Nandlal Mr. Biswamohan Sarda Mahapatra
16.85 14.10
Ms. Vandana Viswanathan***
14.50
Mr. Sachin Mr. Mahadev Bansal**** lakshminaryanan$
5.25 7.75
100.50
Commission - - - - - - - - -
other, please specify
Total (1)
2) Other Non-Executive Directors
Fees for attending board and board committee meetings
-
19.40
SIDBI (Ms. Chitra K Alai) $$
2.00
- -
10.05 12.60
Mr. Jayanta Kumar Basu
7.00
-
16.85
- - - -
14.10 14.50 5.25 7.75
Ms. Mona Kachhwaha$$$ SIDBI
(Mr. Sanjay Jain)$$$$
6.90 -
-
100.50
15.90
- -
15.90
116.40
Commission - - - -
other, please specify -
Total (2) 2.00
total managerial Remuneration (1+2) Overall ceiling as per the Act (sitting fees not to exceed `100,000 per meeting)
- - -
7.00 6.90 -
Bank is paying only sitting fees to non-executive Directors which is below the ceiling of `100,000/- per meeting as prescribed under the Companies Act, 2013
* He resigned as Independent Director w.e.f February 01, 2020.
** He resigned as Independent Director w.e.f March 22, 2020
*** She was appointed/re-designated from non-executive, non-Independent Director to Independent Director w.e.f September 22, 2019 and she was paid sitting fee of `9,25,000 as Independent Director.
**** He was appointed as Independent Director w.e.f June 01, 2019 and resigned w.e.f January 27, 2020
$ He was appointed as Independent Director w.e.f August 01, 2019
$$ She was appointed as nominee Director w.e.f May 09, 2019
$$$ She was re-categorised from Independent Director to non-executive, non-Independent Director w.e.f September 22. 2019 and she was paid sitting fee of `2,90,000 as an Independent Director
$$$$ He ceased to be a nominee Director w.e.f May 09, 2019
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