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IMF for removal of RBI Reps from PSB Boards

IMF -World Economic Outlook Report 2018 recommends removing the RBI representatives from Public Sector Banks’ boards and defining better the terms of reference for board members, including the Ministry of Finance representative, to strengthen the quality and independence of Banks’ boards

By Whispers in the Corridors 1 min read

IMF -World Economic Outlook Report 2018 recommends removing the RBI representatives from Public Sector Banks’ boards and defining better the terms of reference for board members, including the Ministry of Finance representative, to strengthen the quality and independence of Banks’ boards.

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