Page 194 - Demo

b. the composition of the CSR Committee and the details of meetings attended by its members are given below:
Sr. no.
Name of director
Designation/Category
Number of meetings during fy 2019-20
% of attendance
held during their tenure
attended
1. Ms. Vandana Viswanathan*
2. Mr. luis Miranda**
3. Mr. Nandlal Sarda
4. Mr. Prabal Kumar Sen
Chairperson- Independent Director
ex-Chairman – Independent Director
Member – Independent Director
Member – Independent Director
1 1 100
3 3 100
4 4 100
4 4 100
*Moved out from the Committee w.e.f June 01, 2019 and re-joined as Chairperson w.e.f March 23, 2020
** Joined as Chairman of the Committee w.e.f June 01, 2019 and moved out w.e.f March 22, 2020 due to resignation
c. All 3 (Three) members of the CSR Committee are Independent Directors.
d. During FY 2019-20, 4 (Four) meetings of the CSR Committee were held on the following dates:
7. riSk management cOmmittee
a. The Bank has constituted a Risk Management Committee in accordance with RBI guidelines and Regulation 21 of SEBI Listing Regulations.
Date of CSR Committee meeting
Total number of members
Number of members present
mr. BiSwamOhan mahaPatra
Chairman of the Risk Management Committee
Brief profile: Biswamohan Mahapatra is the Part-time Chairman and an Independent Director of the Bank. He holds a Master of Arts degree from Jawaharlal nehru university, new Delhi, Master of Science in Management Degree from Arthur D. Little Management Education Institute, Cambridge, United States of America and Master of Business Administration from Delhi university. He retired as an executive Director of RBI in August, 2014.
Nature of Expertise: Banking and Finance
May 27, 2019
July 29, 2019
November 04, 2019
January 21, 2020
3 3
3 3
3 3
3 3
e. the following are the key terms of reference of the Committee:
(1) To formulate and recommend to the Board, a Corporate Social Responsibility policy which shall indicate the activities to be undertaken by the Bank as specified in Schedule VII of the Companies Act, 2013 and make any revisions therein as and when decided by the Board;
(2) To recommend the amount of expenditure to be incurred on the activities;
(3) to Monitor the Corporate Social Responsibility policy of the Bank from time to time; and
(4) to do such other acts, deeds and things as may be directed by the Board and required to comply with the applicable laws.
192 | AnnuAl RepoRt 2019-20