Reserve Bank of India to ask bank boards to focus on policy, not operations
By Gopika Gopakumar
Published on April 8, 2026.
The Reserve Bank of India (RBI) plans to revise guidelines for bank boards to encourage greater focus on policy matters rather than operations. This move comes amidst reports that the chairman's involvement in operational matters has led to internal friction with CEO Sashidhar Jagdishan. The review of instructions is being conducted following requests from banks.
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