The State Bank of India (SBI) has signed a Memorandum of Understanding (MoU) with the Border Security Force (BSF) to provide solutions for financial security to BSF personnel through the Central Armed Police Salary Package (CAPSP) Scheme.
The Advisory Committee will be chaired by the Union Minister of Electronics and IT, Ashwini Vaishnaw, while the Minister of State, Ministry of Electronics and IT (MeitY), Rajeev Chandrashekhar will be the Vice-Chairperson.
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.
EXAMIANS