Amendments in Corporate Governance Regulatory Framework

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BPRD Circular Letter No. 24

AMENDMENTS IN CORPORATE GOVERNANCE REGULATORY FRAMEWORK

December 12, 2025

479

The Presidents/ Chief Executives

All Banks/DFIs

Dear Sir/Madam,

AMENDMENTS IN CORPORATE GOVERNANCE REGULATORY FRAMEWORK

Please refer to BPRD Circular No. 5 of 2021 dated November 22, 2021 on Corporate Governance Regulatory Framework (CGRF).

It has been decided to revise the Regulation G-14 (2)(v) of CGRF prescribing parameters to determine category of banks/DFIs and maximum limits of Remuneration of Directors for attending a Board/ Committee Meeting, as below:

Category

Parameters to Determine Category

Maximum Limits of Remuneration for a Board/ Committee Meeting (per meeting)

First

Those banks/DFIs which have: Above Rs. 1 trillion Assets Size OR Above Rs. 5 billion after tax profit (As per last audited annual accounts)

Up to Rs. 1,200,000

Second

All other banks/DFIs which do not fall in the first category

Up to Rs. 750,000

All other instructions on the subject shall remain unchanged.

Yours sincerely,

Ghulam Muhammad Director

Home — Circulars — BPRD Circular Letter No. 24

AMENDMENTS IN CORPORATE GOVERNANCE REGULATORY FRAMEWORK

December 12, 2025