financial sector

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    Shriram Finance Board Expansion Following MUFG Investment

    New Delhi, February 13 MUFG has proposed appointing two directors on the Shriram Finance board as nominees of the investor, following the Japanese bank's acquisition of a 20 per cent stake.Morihiko Fuji and Shinichi Fujinami would be appointed to the board to meet the applicable "fit and...
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    Streamlining Credit: RBI Updates Lead Bank Scheme Guidelines

    Mumbai, February 13 The RBI on Friday proposed revised guidelines for the Lead Bank Scheme (LBS) to streamline operational aspects and further enhance the effectiveness of the programme, which was introduced in 1969 to coordinate development activities at the district level.The LBS aims to...
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