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In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) has directed them to have at least two wholetime directors. Lenders that do not meet the requirement will have to submit the names for the RBI’s approval within four months. Banks need prior approval from the banking regulator for the appointment of wholetime directors. Some of the private sector lenders that do not have two wholetime directors are IndusInd Bank, TamilNad Mercantile Bank, CSB Bank, DCB Bank, Dhanlaxmi Bank, City Union Bank, Karur Vysya Bank, and South Indian Bank. Among the wholly-owned subsidiaries of foreign banks, only SBM Bank has one wholetime director. These banks have only their managing director and chief executive officer (MD & CEO) as wholetime director. While payments banks and local area banks have been kept outside the purview of the RBI circular, the norm will be applicable to small finance banks.
In India, maximum production of food grain, accounts approximately _____ % of total Indian food grain production
Yield advantage is higher than the pure crops in this type of intercropping system:
In which year did tractor manufacturing start in India?
What is the germination percentage requirement for foundation and certified seed classes in paddy?
The program used in the digitization technique of geoinformatics:
In sheep, what is the term used for the act of mating?
Under which ministry does the Cotton Corporation of India (CCI) operate?
Genes located on sex chromosomes and the associate linkage of such genes is termed as sex linkage . An example of sex linkage is
Biological control of apple woolly aphid is _____
Trans fats are present in: