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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 whole time 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 whole time directors. Some of the private sector lenders that do not have two whole time directors are IndusInd Bank, Tamil Nad 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 whole time director. These banks have only their managing director and chief executive officer (MD & CEO) as whole time 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.
Who amongst the following is responsible for the foreign policy of ‘proud reserve’?
Consider the following statements:
1. Chenab colony and Bari doab were the centres of revolutionary activities in Punjab.
Who famously expressed the desire to 'wipe every tear from every eye'?
“White mutiny” in the history of modern India was related to which of the following?
Consider the following statements with reference to the women's organizations:
1. Sarla Devi Chaudhurani was the founder of the Bharat Stree Ma...
In the context of the decline in the revolutionary, consider the following statements:
1. Gandhi’s ideas of Mass Nationalism
With reference to Raja Ram Mohan Roy, consider the following statements:
1. He established Atmiya Sabha as a part of Brahmo Samaj.
Gopal Krishna Gokhale, an Indian independence movement leader, was born in which state?
Who was the first Governor-General of independent India?