Reserve Bank of India elevates five senior officers

The Reserve Bank of India has promoted five senior officers to the rank of executive director. Four belong to the common seniority group cadre and one comes from the department of statistics and information management cadre.

The central bank announced the elevation of Gunveer Singh, Monisha Chakraborty, Suman Ray and Sudhakar Malli from the common seniority group cadre. Ravi Shankar, who was selected from the department of statistics and information management cadre, also received the promotion to executive director.

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Dramatic illustration of HDFC Bank Chairman Atanu Chakraborty's resignation amid ethics conflict, in a boardroom setting with symbolic elements.
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HDFC Bank Chairman Atanu Chakraborty Resigns Citing Values and Ethics Conflict

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HDFC Bank's part-time chairman Atanu Chakraborty has resigned, citing internal practices that conflicted with his personal values and ethics. The Reserve Bank of India has approved Keki Mistry as interim chairman for three months. The departure follows Chakraborty's oversight of the major HDFC Bank-HDFC merger.

Former IPS officer R N Ravi took oath as the 22nd governor of West Bengal at Lok Bhavan on Thursday. Chief Justice Sujoy Paul of the Calcutta High Court administered the oath in the presence of Chief Minister Mamata Banerjee. The appointment follows the resignation of his predecessor C V Ananda Bose on March 5.

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The Telangana government has transferred several Indian Administrative Service officers across departments and districts in a significant reshuffle ordered on February 25, 2026. Key appointments include changes in IT, rural development, and district collector positions. This move affects senior bureaucrats and aims to streamline administrative functions.

A report by Primeinfobase reveals that women occupy just 5% of CEO or managing director roles in India's listed companies. Despite progress in boardroom diversity, women account for only 10% of executive directorships. The findings underscore ongoing challenges in gender representation at the top levels of corporate India.

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Uttarakhand's cabinet under Chief Minister Pushkar Singh Dhami is expected to expand today with five new ministers potentially taking oath. This would be the first major reshuffle since the government's formation in 2022. The move is seen as crucial ahead of next year's assembly elections.

Updates in the Rs 590 crore IDFC First Bank fraud case: Haryana's Vigilance and Anti-Corruption Bureau has uncovered the money trail, leading to two additional arrests, bringing the total to six. Funds were siphoned to private firms, officials' accounts, and luxury purchases, with the bank reimbursing most of the amount amid ongoing probes.

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RBI officials stated that the near-term economic outlook remains favorable and well-positioned to sustain high growth momentum, driven by consumption, investment, and productivity-enhancing reforms. Inflation is expected to remain benign and near the target. However, global conditions introduce some volatility.

 

 

 

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