SBI Card Board Appoints Anuradha Rao as Additional Independent Director

SBI Card has appointed Anuradha Rao as an Additional Independent Director for a term of three years, effective from November 13, 2025, until November 12, 2028, subject to shareholder approval. The Board also acknowledged the completion of terms for existing Independent Directors, Dinesh Kumar Mehrotra and Anuradha Shripad Nadkarni, effective the same date.

Board Expansion

SBI Cards and Payment Services Limited announced the appointment of Anuradha Rao as an Additional Independent Director to the Board. This appointment, effective November 13, 2025, will last for a three-year term, concluding on November 12, 2028. The appointment remains subject to shareholder approval.

New Director Profile

Anuradha Rao brings nearly four decades of experience in the Banking and Financial Services sector. Previously, she served as Deputy Managing Director (Strategy and Digital Banking) at the State Bank of India, playing a key role in the bank’s growth and strategic initiatives. Rao has also held Directorships at the National Stock Exchange of India Limited and various Non-Banking Financial Companies (NBFCs). She holds degrees in Science and Physics and is a Certified Associate of the Indian Institute of Bankers.

Director Departures

The Board acknowledged the completion of the second terms of Independent Directors Dinesh Kumar Mehrotra and Anuradha Shripad Nadkarni, as of November 13, 2025. Their tenures concluded at the close of business hours on the same day. The Board expressed its appreciation for their contributions and guidance during their time with the company.

Source: BSE

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