The Reserve Bank on Thursday asked Urban Cooperative Banks (UCBs) not to create any honorary position or title such as Chairman Emeritus and Group Chairman at the board level as it results in the creation of a shadow authority.
The Reserve Bank of India (RBI) has approved an extension in the tenure of Murli M Natarajan as the managing director and chief executive officer (MD & CEO) of DCB Bank for a period of two years.
World Heritage day is being celebrated every year on 18 April to preserve the human heritage and recognise the efforts of all the relevant organisations in the field.
AP Abdullahkutty has been elected as the chairperson of the Haj Committee of India, while for the first time, two women have been chosen as its vice-chairpersons- Munnawari Begum and Mafuja Khatun.