Federal Bank Approves Director Re-appointments and Auditor Appointments at AGM

Federal Bank Ltd announced key decisions made at its 95th Annual General Meeting (AGM) held on August 21, 2026. The shareholders approved the re-appointment of Mr. Krishnan Venkat Subramanian as Managing Director & Chief Executive Officer, retiring by rotation. Additionally, Mr. Sankarshan Basu was re-appointed as an Independent Director for a second three-year term. The bank also appointed M/s. Price Waterhouse LLP and M/s. K. S. Aiyar & Co. as Joint Statutory Auditors for a three-year period, subject to annual RBI approval. All directors confirmed they are not debarred from holding office.