Last day Reserve bank of India unveiled a panel of nine members that will assist in suggesting the measures to improve the skills of working employees in banking and non banking financial companies(NBFC).
The panel will evaluate and see if any member requires a certified appropriately designed course which could be made mandatory for every individual before appointment to the board of a bank. The committee will look after art and expertness required to perform various roles in banking and the qualifications required for the specific areas in banking and NBFC. The panel will also come up with the strategies required for certification of required qualifications. The recommended members for the formation of the panel are Mohan V. Tanksale, chief executive of Indian Banks’ Association;
Shyam Srinivasan, managing director and chief executive of Federal Bank Ltd; Ranjan Dhawan, executive director of Bank of Baroda; K. Ram Kumar, executive director of ICICI Bank Ltd; R. Bhaskaran, CEO of Indian Institute of Banking and Finance; Achintan Bhattacharya, director of National Institute of Bank Management.