CURRENT AFFAIRS

Detailed explanation-1: -Yes Bank appoints former RBI deputy governor Rama S Gandhi as independent director.

Detailed explanation-2: -Govt extends RBI Deputy Governor Patra’s tenure by one year. Deputy Governor of RBI, Michael Debabrata Patra’s three-year tenure was coming to an end on January 14. The central government on Monday has extended the term of the Deputy Governor of Reserve Bank of India (RBI), Michael Debabrata Patra, by one year.

Detailed explanation-3: -The Reserve Bank of India (RBI) on Tuesday announced that the government has nominated Vivek Joshi to its central board. Joshi who is the secretary of the Department of Financial Services, will hold the position of Director at RBI. The nomination has come into effect from November 15, 2022, until further orders.

Detailed explanation-4: -The Central Government has re-appointed Michael Debabrata Patra as Deputy Governor of Reserve Bank of India for a further period of one year with effect from January 15, 2023. A career central banker since 1985, Patra was appointed as Deputy Governor in January 2020 for three years.

Detailed explanation-5: -Yes Bank appoints Rama Subramaniam Gandhi as Additional Independent Director. Yes Bank announced it has appointed Rama Subramaniam Gandhi as Additional Independent Director on the company’s Board, with effective from July 23, 2022.