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Monday, 15 February 2021 18:19 Law firms
Following a long-standing tradition and a recent restart of banking industry professionals joining law firms, Cyril Amarchand Mangaldas (CAM) has added another senior former State Bank of India (SBI) manager to its roster.
Former managing director of
B Sriram, has joined CAM in Mumbai as a senior advisor.
According to CAM, Sriram had previously headed up SBI for around four years and had also been managing director and CEO of IDBI Bank, and managing director of State Bank of Bikaner & Jaipur.
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RBI to fully operationalise College of Supervisors for effective supervision
Mumbai |
Updated on
Our Bureau
The Reserve Bank of India (RBI), on Wednesday, said the College of Supervisors (CoS) is being fully operationalised for effective oversight of the regulated entities by augmenting and ensuring a consistent quality of supervisory resources pool. This move comes in the backdrop of a string of scams involving the IL&FS Group, Punjab National Bank, Dewan Housing Finance Corporation, and Punjab and Maharashtra Co-operative Bank hitting the financial system in the last 2 to 3 years.
The CoS, which was functioning in a limited way in virtual mode since May 2020, will have a full-time Director, supported by an Academic Advisory Council (AAC), comprising six members, the central bank said in a statement.
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