ICICI Bank Secures RBI Nod for Sandeep Batra’s Re-appointment as Executive Director ICICI Bank recently received the coveted approval from the Reserve Bank of India (RBI) for the re-appointment of Sandeep Batra as its Executive Director. This strategic move reaffirms the bank’s commitment to maintaining leadership continuity and leveraging Batra’s wealth of experience. Batra, with…
RBI Approves New Directors of Jio Financial Services The Reserve Bank of India (RBI) recently granted approval for the appointment of new directors to Jio Financial Services, a subsidiary of Reliance Industries Limited (RIL). This move comes as a significant development in the financial landscape of the country, underscoring the dynamism and strategic evolution within…
PayGlocal Receives In-Principle Approval from RBI for Payment Aggregator License The Reserve Bank of India (RBI) has granted an in-principle approval to PayGlocal for obtaining a Payment Aggregator License. This significant development in the financial sector holds vital importance, especially for aspirants preparing for various government exams. In this article, we will discuss why this…
Bajaj Auto’s Subsidiary Gets RBI Nod for NBFC Operations Bajaj Auto, one of India’s leading automobile manufacturers, has recently received a significant approval from the Reserve Bank of India (RBI) for its subsidiary’s Non-Banking Financial Company (NBFC) operations. This development carries substantial importance for aspirants preparing for government exams, including positions in teaching, police, banking,…
RBI Approves Merger of Maratha Co-op Bank with Cosmos Co-op Bank The Reserve Bank of India (RBI) has recently given its approval for the merger of Maratha Co-operative Bank with Cosmos Co-operative Bank. This decision comes as a significant development in the banking sector, with implications for both the banking industry and aspiring candidates preparing…
