The Reserve Bank of India has announced the names of the members of the Standing External Advisory Committee (SEAC) for evaluating applications for Universal Banks as well as Small Finance Banks. The committee has five members, with former RBI deputy governor Shyamala Gopinath as the chairperson. The panel will have a tenure of three years.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Other members include Revathy Iyer, director, central board, RBI; B Mahapatra, former executive director, National Payments Corporation of India; T N Manoharan, former chairman, Canara Bank; and Hemant G Contractor, former MD, State Bank of India, and former Chairman, Pension Fund Regulatory and Development Authority. According to guidelines, applications for universal banks and SFBs will first be evaluated by the RBI to ensure prima facie eligibility of the applicants, after which the newly formed committee will evaluate the applications.
Important takeaways for all competitive exams:
Many cities in Europe are known for their beauty, history and culture. However, one city…
Tripura, a beautiful state in northeastern India, has a growing railway network that connects it…
The Union Cabinet on 12th December, 2025 has approved a major update to India’s largest…
There is a beautiful hill station in the Kumaon region of Uttarakhand, India, known for…
Some countries are famous for their mountains, deserts or forests, while others are known for…
The Union Cabinet Committee on Economic Affairs has approved a major new policy called CoalSETU…