Reserve Bank of India har befordrat fem högre tjänstemän till posten som verkställande direktör. Fyra tillhör den gemensamma tjänstegradsgruppen och en kommer från avdelningen för statistik och informationshantering.
Centralbanken meddelade befordringarna av Gunveer Singh, Monisha Chakraborty, Suman Ray och Sudhakar Malli från den gemensamma tjänstegradsgruppen. Ravi Shankar, som valdes ut från avdelningen för statistik och informationshantering, befordrades också till verkställande direktör.
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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.