**Principle 7: Businesses, when engaged in influencing public and regulatory policy, should do so in a responsible manner.**\n1. The Bank, while pursuing policy advocacy, will ensure that the advocacy positions are consistent with the Principles and Core Elements contained in National Voluntary Guidelines.\n\n2. To the extent possible, the Bank will utilize the trade and industry chambers and associations and other such collective platforms to undertake such policy advocacy.\n\n[...]\n\n**6. Roles and Responsibilities:**\n\n**6.1. Board of Directors:**\nThe Board of Directors retain ultimate responsibility for the Bank's Business Responsibility and Sustainability, regulations and ethical standards, and thereby have the overseeing responsibility for the management of the Bank's BRS. The Board of Directors of the Bank would be primarily responsible for approving the BRS policy and BRS framework for the Bank.\n\nThe Board of Directors of the Bank would also monitor the activities of the BRS Function, implementation of the BRS Policy, and review of progress made in BRS initiatives.\n\nAfter submission of Business Responsibility and sustainability Report (annually) to Stock Exchanges, the same will be submitted to the Board of Directors (Board).\n\n**Business Responsibility and Sustainability – Sub Committee**\n\n**Business Responsibility and Sustainability Sub Committee consists of**\n**following members to discuss and approve the BRS reporting before**\n**publication:**\n\n**a) Executive Directors –**\n**b) Chief General Manager, Finance,**\n**c) Chief General Manager, Credit**\n**d) Chief General Manager, General Operations**\n**e) General Manager - Finance Department (Nodal Officer)**\n**f) General Manager - Financial Inclusion Department**\n**g) General Manager - Planning, Strategy and Economic Intelligence**\n\n**Department**\n**h) General Manager - Rural Department**\n**i) General Manager - SME Department**\n**j) General Manager - General Operations Department**\n**k) General Manager – Corporate Credit**\n**One Executive Director and any three members will form a quorum.**\n\n**6.2. Top Management:**\nThe Top Management of the Bank is ultimately responsible for ensuring BRS with applicable status, regulations, internal policies and guidelines and ethical standards relating to Business Responsibility and Sustainability. The Top Management of the Bank is responsible for implementation of the BRS Policy and its associated requirements. They are also responsible for the adequacy of processes, systems, policies and procedures that would create an appropriate environment for managing Business Responsibility and Sustainability.\n\nFurther, the Top Management would review the mitigation plans on various BRS risks identified, monitor the timely resolution of BRs issues arising out of various internal and external inspections, audits and BRS breaches, and assist in creating a BRS-conscious culture.\n\n**6.3. Nodal Officer [General Manager (Finance Department)]:**\nThe designated Nodal Officer of the Bank shall have a direct reporting line to Managing Director & CEO and Executive Directors and be responsible for ensuring effective implementation of the BRS policy and other BRS initiatives, coordinating the identification and management of the Bank's BRS initiatives, and supervising the activities of other BRS Function staff. The BRS Officer would assist the Bank's Top Management in managing effectively the BRS initiatives of the Bank and would be responsible for providing clarifications on issues or concerns relating to the Bank's BRS policy, guiding the BRS functionaries in performance and review the results of the BRS initiatives, audit and impact assessment etc. The Nodal Officer should regularly hold consultations with the Executive Directors.