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Kumar Kalbande vs Ministry Of Environment & Forests on 20 February, 2024
indiankanoon.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiankanoon.org Daily Mail and Mail on Sunday newspapers.
Kumar Kalbande vs Forest Survey Of India, Dehradun on 20 February, 2024
indiankanoon.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiankanoon.org Daily Mail and Mail on Sunday newspapers.
UCBs: RBI notifies MD’s appointment norms with immediate effect
Existing MDs to meet ‘Fit and Proper’ criteria; MPs or MLA can’t qualify
In a notification issued to all the UCBs, RBI has asked these banks having deposit size of less than Rs 100 crore to immediately report the appointment, re-appointment or termination of appointment of MDs or Whole Time Directors (WTD) to respective Regional Offices of the RBI.
The exempted UCBs (Having deposit size less than Rs 100 cr) are not required to obtain prior approval. They are required to formulate a Board approved policy based on RBI’s directions on the issue.