ACC Extends M. Rajeshwar Rao’s Tenure As Deputy Governor Of RBI
The Prime Minister, Narendra Modi’s led Appointment Committee of the Cabinet (ACC), has approved the reappointment of M Rajeshwar Rao as Deputy Governor of the Reserve Bank of India (RBI) for a period of one year with effect from October 9, 2024.
RBI Asks Small Finance Banks To Strengthen Risk Governance
The Reserve Bank of India (RBI) has advised small financing banks to improve governance and identify risks, with important areas of caution to ensure long-term success.
Former RBI Dy Governor HR Khan Reappointed as Chairman of AU Small Finance Bank
The Board of Directors of AU Small Finance Bank Limited, on August 17, 2024, has considered and approved the reappointment of Harun Rasid Khan as part-time Chairman and Independent Director (Non-Executive) with effect from December 28, 2024, for a term of 3 years.
RBI Deputy Governor T. Rabi Sankar Got a one-year extension
T. Rabi Sankar, RBI Deputy Governor, has been reappointed for a year by the Appointment Committee of the Cabinet (ACC) with effect from May 3, 2024.
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.