Reserve Bank of India appoints Venkat Nageswar Chalasani as a member in the Advisory Committee of Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL) Reserve Bank of India, vide its press release dated October 11, 2021, had constituted an Advisory Committee under Rule 5 (c) of the Insolvency and Bankruptcy (Insolvency and…
The Reserve Bank of India (RBI) has appointed Kris Gopalakrishnan, co-founder and former co-chairman of Infosys, as the first chairperson of the Reserve Bank Innovation Hub. “The Reserve Bank has appointed Senapathy (Kris) Gopalakrishnan, co-founder and former co-Chairman, Infosys, as the first Chairperson of the RBIH,” RBI said in a statement. RBIH will collaborate with…
Vakrangee, a company focused on building the largest network of retail direct service stores in India, announced it has received authorization in principle to establish and operate the Bharat Bill Payment operating unit (BBPOU), in compliance with the Payment and Settlement Systems Act 2007 of the Reserve Bank of India (RBI). Vakrangee can now manage…
Private lender HDFC Bank recently announced that its board had finalized three candidates to replace the outgoing Managing Director Aditya Puri. Aditya is set to retire in the month of October this year. According to a stock exchange filing, the company said, “We wish to inform that pursuant to the recommendations of the search committee…
The Government of India on Tuesday announced the appointment of Michael Debaprata Patra as the Deputy Governor of the Reserve Bank of India. Michael is currently working as an Executive Director at the central bank. His appointment comes six months after former Deputy Governor Viral Acharya pre-maturely resigned from his post. Patra will serve the…