Reserve Bank of India (RBI) approved the appointment of Sunil Gurbaxani as managing director and CEO of Dhanlaxmi Bank for a period of three years. Gurbaxani is working with Axis Bank at present. Dhanlaxmi Bank was removed from the RBI Prompt Corrective Action (PCA) framework, subject to certain conditions and continuous monitoring, as the bank is found to be not breaching any of the risk thresholds of the framework.
Important takeaways for all competitive exams:
India is preparing for a major shift in its trade and automobile policy. As negotiations…
The 77th Republic Day Parade in New Delhi became a unique blend of history, art,…
The Government of India Act, 1935 marked a major constitutional experiment under British rule. Enforced…
India marked its 77th Republic Day with a spectacular parade that blended military strength, cultural…
The Beating Retreat Ceremony is a grand military tradition that marks the formal conclusion of…
The 42nd Constitutional Amendment Act, 1976 is one of the most significant changes ever made…