The Prime Minister of India Narendra Modi launched the 'Rashtriya Gram Swaraj Abhiyan (RGSA), the 'Transformation of Aspirational Districts' program, under the Ministry of Panchayati Raj.
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.