Board of Management Current Affairs, GK & News

RBI proposes Board of Management for urban co-operative banks

The Reserve Bank of India (RBI) has proposed setting up of Board of Management (BoM) in all Urban Co-operative Banks (UCBs) having deposits of over Rs 100 crore within one year to strengthen governance and promote professional management in these banks. BoM will be in addition to the Board of Directors (BoD). The BoD will ..