Govt to soon clear list of independent directors for various banks
There have been vacancies at the independent director level across the public sector space, leading to regulatory non-compliance, sources said.
Restrictions put on Laxmi Coop Bank, Solapur; Rs 1,000 cap on withdrawalsThe restrictions imposed under the Banking Regulation Act, 1949, shall remain in force for six months from the close of business on November 12, 2021, and are subject to review, the RBI said in a statement.
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