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In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) has directed them to have at least two whole time directors. Lenders that do not meet the requirement will have to submit the names for the RBI’s approval within four months. Banks need prior approval from the banking regulator for the appointment of whole time directors. Some of the private sector lenders that do not have two whole time directors are IndusInd Bank, Tamil Nad Mercantile Bank, CSB Bank, DCB Bank, Dhanlaxmi Bank, City Union Bank, Karur Vysya Bank, and South Indian Bank. Among the wholly-owned subsidiaries of foreign banks, only SBM Bank has one whole time director. These banks have only their managing director and chief executive officer (MD & CEO) as whole time director. While payments banks and local area banks have been kept outside the purview of the RBI circular, the norm will be applicable to small finance banks.
Select the alphanumeric-cluster that can replace the question mark (?) in the following series,
D4U, G9R, J160, ?
Read the directions carefully and answer the following question.
Eight people are living on eight different floors of the building in such a wa...
Three of the following words are alike in some manner and hence form a group. Which word does NOT belong to that group? (The words must be considered as...
If A = B > C = D and F < E = D < A, then which of the following options is NOT correct?
Given below is a statement followed by some conclusions. You have to take the given statement to be true even if it seems to be at variance with the co...
Which letter-cluster will replace the question mark (?) to complete the given series?
BELL, CGIH, ?, EKCZ, FMZV
Sushil lives to the North of Rajesh who lives to the West of Kamlesh. Arun who lives to the South of Sushil will have his house in which direction with ...
Two statements are given, followed by two conclusions numbered (I) and (II). You have to take the given two statements to be true even if they seem to b...
Five colleagues, Chand, Chandini, Nidhi, Vikram and Ajay, are sitting in a row facing north. Nidhi and Chandini occupy the extreme ends of the row. Vikr...
Six numbers 1, 3, 5, 6, 7 and 8 are written on different faces of a dice. Two positions of this dice are shown in the figure. Which is the number on the...