The RBI has approved the re-appointment of Murali M. Natrajan as the Managing Director & CEO of private sector lender, DCB Bank, for further period of one year.
The RBI has constituted a six-member panel to carry out comprehensive review of the working of Asset Reconstruction Companies in the financial sector ecosystem. The panel will be headed by former Executive Director of RBI, Sudarshan Sen.
The Union Government has reportedly decided to offer an advance payment of over Rs 4,500 crore to the Serum Institute of India (SII) and Bharat Biotech to secure future supplies of Covid-19 vaccines.
EXAMIANS