Subrata Mitra and Dr. Jagadip Singh Redesignated as Non Independent Directors at ITNL
Subrata Kumar Mitra and Dr. Jagadip Narayan Singh, who were Independent Directors of IL&FS Transportation Networks Limited, completed their term on November 30, 2023.
Independent Director D J Balaji Rao Of Bajaj Group Passes Away
Renowned Independent Director, D J Balaji Rao, associated with the Bajaj Group for over 25 years, passed away on November 28, 2023.
Angna Arora Appointed as Compliance Officer of LTIMindtree
In a recent development, LTIMindtre Limited's Board of Directors sanctioned the appointment of Angna Arora as Compliance Officer, effective November 28, 2023.
Geeta Girdher Resigns as CCO of PTC India Financial Services
Geeta Girdher has resigned as Chief Compliance Officer (CCO) of PTC India Financial Services Limited for personal reasons.
Rajeev Kumar Singhal Appointed as Executive Director of GAIL (India)
Rajeev Kumar Singhal, Executive Director at GAIL (India) Limited, is appointed as Director (Business Development) by the Ministry of Petroleum and Natural Gas, effective from November 28, 2023.
Adwik Bollineni Appointed as Non-Executive Non-Independent Director of KIMS
Krishna Institute of Medical Sciences Limited's board of directors sanctioned the appointment of Adwik Bollineni as an Additional Director (Non-Executive Non-Independent), effective November 28, 2023.
Avneesh Barua CFO of Trident has Resigned
Trident Limited's Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Avneesh Barua, resigned on November 28, 2023, to pursue other possibilities.
Amitava Goswami Appointed as CCO of Bandhan Bank
Amitava Goswami has been appointed as the Chief Compliance Officer (CCO) of Bandhan Bank Limited.
RBI Deputy Governor Issues Warning on “Dark Patterns” in Digital Loan Misselling
In a recent alert, RBI Deputy Governor M Rajeshwar Rao warned of 'dark patterns' in the mis-selling of digital loans, signalling deceptive design interfaces and tactics that mislead users into high-cost, short-term consumer credit.
Banks seek dilution of related party norms to avoid frequent board approvals
Banks have approached the RBI with a request to amend the rules governing related-party transactions.
