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.
The Reserve Bank of India has set the limit for Ways and Means Advances (WMA) for the Central Government for the first half of the financial year 2022-23 (April 2022 to September 2022) at Rs. 1,50,000 crore.
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