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.
SEBI Chairperson Madhabi Puri Buch launched the 'Manthan', a six-week-long ideathon, in association with various institutions including BSE, NSE, NSDL, CDSL, KFintech, CAMS, LinkInTime and MCX.
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