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RBI Sets Up MK Jain-Led Committee to Evaluate UB and SFB Applications

Summary by affairscloud.com
On January 20 2025, the Reserve Bank of India (RBI) formed a five-member Standing External Advisory Committee (SEAC) chaired by the former Deputy Governor of RBI, Mahesh Kumar (MK) Jain to evaluate the applications for Universal Banks (UBs) and Small Finance Banks (SFBs). The committee has a three-year tenure, supported by the Department of Regulation, RBI […] The post RBI Sets Up MK Jain-Led Committee to Evaluate UB and SFB Applications appeare…
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