The authorities on Tuesday appointed Anand Mahindra, Venu Srinivasan, Pankaj Ramanbhai Patel and Ravindra Dholakia as part-time non-official administrators on the central board of Reserve Bank of India (RBI). The appointment will stay legitimate for 4 years with impact from June 14, the central financial institution mentioned in a press launch.
Anand Mahindra is chairman of the Mahindra Group, non-executive chairman of Mahindra & Mahindra and Tech Mahindra. Venu Srinivasan is chairman emeritus of two-wheeler maker TVS Motor Company. Pankaj Patel is chairman and managing director of Zydus Lifesciences whereas Ravindra Dholakia is the previous member of the Monetary Policy Committee.
With the appointments, the RBI’s central board now consists of 5 official members and 10 non-official members. RBI governor Shaktikanta Das and deputy governors Mahesh Kumar Jain, MD Patra, M Rajeshwar Rao and T Rabi Sankar are the official administrators.
Revathy Iyer, Sachin Chaturvedi, Satish Kashinath Marathe, Swaminathan Gurumurthy, Ajay Seth and Sanjay Malhotra are non-official administrators of the central financial institution.
The central board of the RBI contains official administrators, which embody the governor and 4 deputy governors. The authorities appoints 10 non-official administrators, two administrators are authorities officers whereas 4 administrators are appointed from every of the 4 native boards.
Source: www.financialexpress.com”