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RBI restructuring: Staff body moves Central Board


The structural change brought in by the Reserve Bank of India (RBI) recently through creation of a specialised supervisory and regulatory cadre is now snowballing into a bigger issue with the staff moving the Central Board of the apex bank.

There has also been a fear that the regulatory and supervisory department will be hived off from the RBI, going forward, as suggested earlier by Financial Sector Legislative Reforms Commission (FSLRC) under BN Srikrishna.

“We have written to the Board requesting intervention as many staff from the newly-created supervisory and regulatory department are opting out, and we have not been ...


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