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Anand Mahindra, Venu Srinivasan be a part of RBI central board | Autocar India

Written by Sunny Kumar

The central board oversees the day-to-day functioning of the Reserve Financial institution of India.

Mahindra Group Chairman Anand Mahindra and TVS Motor Firm Chairman Emeritus Venu Srinvasan have been appointed as non-official administrators on the Reserve Financial institution of India (RBI) Central board.

In response to the RBI Act, the federal government nominates 10 eminent individuals from varied fields to the central board of the RBI. This board oversees the day-to-day functioning of the highest financial institution. These RBI board members don’t interact themselves in financial coverage issues, however present a broader imaginative and prescient for the central financial institution.

One other automotive determine on the RBI board was Tata Sons chairman Natarajan Chandrasekaran, however his time period ended just lately.

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Sunny Kumar