RBI bars People's Co-operative Bank from granting fresh loans, accepting deposits for 6 months

RBI bars Folks’s Co-operative Financial institution from granting recent loans, accepting deposits for six months

The central financial institution has barred the co-operative financial institution from promoting, transferring or disposing any of its properties or property  PTI        Final Up to date: June 12, 2020  | 00:45 IST The Reserve Financial institution of India (RBI) on Thursday barred Kanpur-based Folks’s Co-operative Financial institution from granting recent loans and accepting deposits for six months,…

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Andrew Symonds did not need to play IPL as a consequence of blowout with Harbhajan Singh: Former KXIP CEO Maxwell

Former Kings XI Punjab CEO and participant agent Neil Maxwell mentioned he was requested to persuade Australia and New Zealand gamers to hitch the Indian Premier League by ex-chairman Lalit Modi. Neil Maxwell revealed Andrew Symonds was not keen to play the IPL as a consequence of his fallout with India off-spinner Harbhajan Singh after…

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RBI suggests capping bank CEO's tenure to 10 years for promoters, 15 years for non-promoters

RBI suggests capping financial institution CEO’s tenure to 10 years for promoters, 15 years for non-promoters

Thereafter, the person shall be eligible for re-appointment as entire time director or CEO solely after the expiration of three years, the RBI mentioned The Reserve Financial institution of India (RBI) has proposed capping the tenures of banks’ chief government officers (CEOs) and entire time administrators (WTDs) to “construct a sturdy tradition of sound governance…

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