The Reserve Bank of India (RBI) has approved an extension in the tenure of Murli M Natarajan as the managing director and chief executive officer (MD & CEO) of DCB Bank for a period of two years.
Ability Electric Inc. (Liability), based in California, United States, has announced its intention to set up the world's largest electric three-wheeler manufacturing facility in Telangana.
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.