RBI recently gave its approval for Kathpalia’s re-appointment as MD & CEO only for a year (from March 24, 2025 till March 23, 2026) despite the Bank’s Board seeking a three year term.
The RBI on Friday said it is mandatory for ... a fixed rate as per their board approved policy at the time of reset of interest rates. In August 2023, the Reserve Bank of India directed banks ...
According to the RBI ... Board and the management have been directed by Reserve Bank to have the remedial action completed fully during the current quarter viz., Q4FY25, after making required ...
"The Board and the management have been directed by Reserve Bank to ... after making required disclosures to all stakeholders," it said. Assuaging concerns of customers, the RBI in the ...