Consolidated Guidelines for Appointment of Whole Time Directors in Financial Institutions

F No. 31112024-lF-l Government of lndia Ministry of Finance Department of financial Services Jeevan Deep Bhawan, Sansad Marg New Delhi, the 11th November 2025 To 1. Chairman, NABARD 2. Chairman & Managing Director, SIDBI 3. t\Ianaging Director, Exim Bank 4. Managing Director, NHB 5. Managing Director & CEO, lFCl Ltd 6. Deputy lvlanaging Director, IIFCL Sub: Consolidated Guidelines for Appointment of Whole Time Directors in Financial lnstitutions - reg. Ma'am/ Sir, I am directed to convey that the Appointments Committee of the Cabinet (ACC) has approved the Consolidated guidelines for appointment of Whole Time Directors (1n;fD) in Financial lnstitutions (Fl), in supersession of all the earlier ACC approved guidelines issued in this regard. A copy of the communication dated 29.10.2025, received from the Secretariat of the ACC, along with the revised consolidated guidelines, is annexed for information. Encl.: As above Yours faithfully, (Anil Kumar) Under Secretary to the Govt. of lndia Tel: 011 -23746413 Copy to: i. Under Secretary (AC), DFS ii.

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