Regulatory Alerts2025-12-12 | BPRD Circular Letter No. 24 of 2025Added · Updated
AMENDMENTS IN CORPORATE GOVERNANCE REGULATORY FRAMEWORK
The regulation revises Regulation G-14 (2)(v) of the Corporate Governance Regulatory Framework to establish new categories for banks and DFIs and their corresponding maximum remuneration limits for Board or Committee meetings. Banks or DFIs with assets above Rs. 1 trillion or after-tax profits above Rs. 5 billion are classified as First Category, with a maximum meeting remuneration of Rs. 1,200,000. All other banks and DFIs fall into the Second Category, subject to a maximum meeting remuneration of Rs. 750,000.
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