The Reserve Bank of India (RBI) has appointed Dr. Deepak Kumar as Executive Director (ED) with effect from January 03, 2022. Prior to being promoted to ED, Dr. Deepak Kumar was heading the Department of Information Technology of the Reserve Bank of India. As Executive Director, Dr. Kumar will look after Foreign Exchange Department, Department of Communication, and Deposit Insurance and Credit Guarantee Corporation, which is a wholly-owned subsidiary of the RBI.
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Public sector lender Bank of Baroda (BoB) is planning to rope in a strategic investor for its credit card subsidiary, BOB Financial Solutions (BFSL), by...
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