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RBI appoints members to advisory committee for Universal and Small Finance Banks

The Reserve Bank of India (RBI) has appointed members to the Advisory Committee for Universal and Small Finance Banks, as announced on February 1, 2024. The committee, which plays a crucial role in advising on matters related to the development and regulation of these banks, includes notable figures such as the RBI Deputy Governor, the Executive Director in charge of the Department of Regulation, and representatives from various sectors including agriculture, small industries, and banking. The committee's formation aims to enhance the governance and operational efficiency of universal and small finance banks, ensuring they meet the evolving needs of the economy while maintaining financial stability.

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[ https://www.cnbctv18.com/business/finance/rbi-appoints-members-to-advisory-committee-for-universal-and-small-finance-banks-19543437.htm ]