Regulatory wrinkles should be ironed out to give HFCs a better deal: Parekh business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
RBI extends timeline for advisory group to submit feedback to GoAs assisting Regulatory Review Authority
June 14, 2021
×
Timeline extended keeping in view the Covid-19 related disruptions and based on the requests received from stakeholders, Says RBI
The Reserve Bank of India (RBI) has extended the timeline for submission of feedback and suggestions from all regulated entities, industry bodies and other stakeholders to the Group of Advisors (GoA) assisting the Regulation Review Authority (RRA 2.0) by 15 days till June 30.
This has been done keeping in view the Covid-19 related disruptions and based on the requests received from stakeholders, RBI said in a statement.
Gautam Thakur, the young Chairman of India’s leading urban cooperative bank– Saraswat Bank has been nominated to a Select Committee of Reserve Bank of India (RBI) as an Advisor Member.
The Reserve Bank of India has set up the second Regulations Review Authority to review the regulatory prescriptions internally as well as by seeking suggestions from the RBI regulated entities and other stakeholders on their simplification and ease of implementation.
Thakur is the lone representative from the UCB fraternity. The RRA, as it is called, consists of who’s who of banking sector as its members. The Committee which is to be headed by S. Janakiraman, MD of State Bank of India would initially function for a period of one year from May 01, 2021.