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:
The Union Cabinet led by the Honorable Prime Minister Narendra Modi has approved the Emergency…
The National Stock Exchange of India has launched the Electronic Gold Receipts (EGRs). It will…
India is a democratic country where people choose their representative to make laws. These laws…
The Union Cabinet approved the ₹5,659.22 crore Mission for Cotton Productivity for the cycle of…
Desserts are a special part of meals all over the world. They bring happiness after…
The Union Cabinet led by Honorable Prime Minister of India Narendra Modi has approved establishment…