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 Union Minister of Home Affairs and Minister of Cooperation, Shri Amit Shah, inaugurated the "Amrit Samagam", a conference of tourism and culture ministers of the country, in New Delhi.
IndusInd Bank has been conferred with the global 'Cellent Model Bank' award under the category of 'Payments System Transformation' for making it a best-in-class enterprise payments hub.
EXAMIANS