Multiple choice

The Reserve Bank of India (RBI) has decided to withdraw its nominee directors from the boards of which of the following types of banks?

  1. Co-operative Banks

  2. Nationalized Banks

  3. Private Sector Banks

  4. Foreign Banks

  5. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Reserve Bank of India (RBI) has historically moved to withdraw its nominee directors from the boards of private sector banks to promote better corporate governance and reduce conflict of interest.