ALSO READIndia's PM will be able to monitor every child's health: Nachiket Mor RBI liberalises tier-I presence in new bank branch policy RBI should not step into day-to-day activities of banks, says Subbarao Expecting rate cut? Economists say RBI not pulling another surprise RBI initiates PCA against Bank of Maharashtra as bad loans rise
Nachiket Madhusudan Mor was on Thursday re-appointed as a member of the Eastern local board of the Reserve Bank of India (RBI).
The Appointments Committee of the Cabinet has approved his reappointment and nominated him to the central board of the RBI, according to an order issued by the Department of Personnel and Training (DoPT).
The RBI's affairs are governed by the central board of directors.
The board is appointed by the government.
There are five official directors -- the RBI Governor and not more than four deputy governors.
Besides, the government nominates 16 non-official directors to the board.
Ten are nominated from different fields, two are government officials and one director each from the four local boards.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)