https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

RBI Denies Appointment of Rakesh Asthana to Religare Enterprises Board

The officer belongs to the 1984 batch of Gujarat cadre
Indian Masterminds Stories

The Reserve Bank of India (RBI) has rejected Religare Enterprises Ltd.’s proposal to appoint retired IPS officer Rakesh Asthana to its board. Asthana, who previously served as Delhi Police Commissioner, CBI Special Director, and ad-hoc Director General of the Narcotics Control Bureau (NCB), was appointed by the REL board in November 2023 as an Additional Director in November 2023 and was set to transition to a whole-time Director role, pending necessary approvals. However, the RBI’s disapproval raises concerns, especially as a shareholder has questioned the legality of the appointment following the expiration of the three-month approval window.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Powergrid1 Power Grid
Power Grid to Consider Issuance of 82nd Series of Bonds on August 5th - Details Inside
MoS Anupriya Patel
3 New Nano Fertiliser Plants to Boost Production Capacity: MoS Anupriya Patel Informs Rajya Sabha
PFC logo resized Power Finance Corporation Ltd
PFC Transfers Odisha Power Transmission SPV to HG Infra Engineering - Details Inside
L&T Larsen & Toubro
L&T Posts Nearly 30% Rise in Q1 Net Profit, Revenue Grows to Rs 63,679 Crore
Indian Foreign Services ..
2 Senior Diplomats, IFS Sudhakar Dalela and Sibi George Appointed as Secretaries in Ministry of External Affairs - Know More About Them
CM Pushkar Dhami-resized
Uttarakhand: CM Dhami Hikes Ex-Gratia for Param Vir Chakra Awardees to Rs. 1.5 Crore - Know All Details
CM Vishnu Deo Sai - resized
CM Vishnu Deo Sai Inaugurates Projects Worth Rs. 102 Crore in Bemetara, Reaffirms Commitment to Public Welfare - Details Inside
MoS Shripad Naik
IREDA's QIP Success Reflects Strong Investor Confidence in India’s Renewable Energy Sector, Says MoS Shripad Naik
ADVERTISEMENT
ADVERTISEMENT
Videos
Ananth Rupanagudi IRAS
IRAS Ananth Rupanagudi’s Take on Corruption, Reform, and Duty
WhatsApp Image 2025-07-26 at 13.16
What Most Indians Don't Know About Jim Corbett
WhatsApp Image 2025-07-24 at 18.24
How Fireflies and Butterflies Returned In Corbett’s Homeland
ADVERTISEMENT
UPSC Stories
BPSC Bihar police
From Lantern Light to Police Uniform: How Praveen Kumar from a Small Bihar Village Cracked BPSC to Become SDPO
From a lantern-lit village in Bihar to becoming an SDPO, Praveen Kumar's journey is a testament to resilience,...
IAS Priyansha Garg
Why Mindset Matters: IAS Priyansha Garg’s Mental Health Mantra for UPSC
After two failed prelims, Priyansha Garg cracked UPSC with AIR 31 in her fourth attempt, proving how...
Ashish Akshat
From Setback to State Topper: How Ashish Akshat Topped JPSC While Working Full-Time
Ashish Akshat from Dhanbad topped JPSC 2023, proving that resilience, discipline, and family support...
Social Media
Mudumalai Tiger Reserve
Mudumalai Tiger Reserve: From India’s First Sanctuary to a Tiger Conservation Success Story | International Tiger Day Special
IAS Supriya Sahu Hails Mudumalai's Role in Tiger Conservation on Tiger Day. Declared in 1940, Now Among...
Mangroves
Mangroves: Nature’s Shield Against Disasters, Says Officer Parveen Kaswan on Mangroves Day - Watch His Post Here
Mangroves, with their dense, interlaced root systems, form a mesh-like structure that serves as a buffer...
Retired IPS Inderjit Singh Sidhu
Purpose Doesn’t Retire: How 88-Year-Old Retired DIG Becomes Chandigarh’s ‘Quiet Warrior’ of Cleanliness
Inderjit Singh Sidhu’s Dawn Patrol Earns Applause, Mahindra’s Praise for a Man Who Chose Action Over...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Powergrid1 Power Grid
Power Grid to Consider Issuance of 82nd Series of Bonds on August 5th - Details Inside
MoS Anupriya Patel
3 New Nano Fertiliser Plants to Boost Production Capacity: MoS Anupriya Patel Informs Rajya Sabha
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Ananth Rupanagudi IRAS
WhatsApp Image 2025-07-26 at 13.16
WhatsApp Image 2025-07-24 at 18.24
ADVERTISEMENT
ADVERTISEMENT