RBI Asks Rating Agencies to Reveal Names of Non-cooperative companies
The Reserve Bank of India (RBI) has mandated credit rating agencies (CRAs) to reveal the names of companies that withhold essential information needed to assess their creditworthiness.
RBI Governor Warns of Volatility in Private Banks Due to Governance Lapses
In a recent statement, the Governor of the Reserve Bank of India (RBI), Shaktikanta Das, raised alarm over governance lapses observed in certain private banks, citing the possibility of increased volatility within the sector.
N Kamakodi reappointment as MD & CEO of City Union Bank
On Wednesday, RBI granted the approval for the reappointment of N Kamakodi as the Managing Director and CEO for another three-year term starting from May 1, 2023, City Union Bank, a private sector bank in Tamil Nadu, announced. The bank stated that the decision was made based on the recommendation o
RBI invites entire Bank Boards to Discuss Governance and Ethics
Next month, the Reserve Bank of India will conduct an unusual conference with the entire boards of public and private sector banks, including international banks, to discuss governance and ethics related issues. The meeting, which will be held in two parts on May 22 and 29, will be addressed by RBI
RBI approves Re-appointment of Sanjay Agarwal as CEO of AU Bank
RBI has approved the Re-appointment of Mr. Sanjay Agarwal as Managing Director & CEO of AU Small Finance Bank Ltd for a period of three years w.e.f. 19th April, 2023. Sanjay Agarwal is the promoter of AU Small Finance Bank and has over 26 years of strategic executive experience. He is a Commerce
