The Reserve Bank of India (RBI) has instructed banks to enhance their senior management teams by appointing at least one whole-time director, in addition to the managing director, within four months. The RBI highlighted the importance of establishing effective senior management teams in banks to handle current and future challenges.
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.
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you shot by the u.s. military. they have honor and integrity wtd with the rules of behavior. when have you ever known our military to go shoot people up. when the commander in chief says that s what i want, but they have a chain of command no, you tell me when that s happened. a box cutter wasn t what caused 9/11. it was airplanes. it was a system i think attack. to a group that wasn t ready for it. i m a former flight attendant. it was box cutters that were used to so they could get into the cockpit. the bottom line is, there are rules of engagement that have to be followed, and just because the president goes out and says something doesn t mean that the military s going to go and start shooting people up at the border. he s the commander in chief. that s absurd. why should he say it? you re saying it s david and goliath, rick, that s why we have to worry about the rocks. that s what david used. i understand the point, the president is trying to do everything h