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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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