The Reserve Bank on Thursday asked Urban Cooperative Banks (UCBs) not to create any honorary position or title such as Chairman Emeritus and Group Chairman at the board level as it results in the creation of a shadow authority.
The Haryana Agriculture Minister J P Dalal launched the portal of 'Mukhya Mantri Bagwani Bima Yojana' with an initial corpus of Rs 10 crore for the scheme.