RBI approves appointment of Vinod Rai as independent Chairman of Unity Small Finance Bank

RBI approves appointment of Vinod Rai as independent Chairman of Unity Small Finance Bank

  • The Reserve Bank of India (RBI) has approved the appointment of former Comptroller and Auditor General (CAG) Vinod Rai as the Independent Chairman of Unity Small Finance Bank Limited (Unity Bank).
  • Unity Small Finance Bank is a joint venture of the Centrum Group and fintech firm BharatPe, in the ratio 51:49 respectively.

Points to Remember:

  1. Who has been appointed as the Independent Chairman of Unity Small Finance Bank Limited by RBI?
  2. Unity Small Finance Bank is a joint venture by which companies?

Source: CNBCTV18

Also Read: RBI grants small finance bank licence to Unity SFB

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