- The advisory group is headed by SBI Managing Director S Janakiraman.
- The advisory group will assist the RRA by identifying regulations, guidelines, and returns that can be rationalized.
- The RRA 2.0 is being held by the central bank with an aim to streamline regulations and reduce the compliance burden of regulated entities.
- The other members of the advisory group are: T T Srinivasaraghavan (Former Managing Director and Non-Executive Director, Sundaram Finance), Gautam Thakur (Chairman, Saraswat Co-operative Bank), Subir Saha (Group Chief Compliance Officer, ICICI Bank), Ravi Duvvuru (President and CCO, Jana Small Finance Bank), and Abadaan Viccaji (Chief Compliance Officer, HSBC India).
- The RRA 2.0 is set up for 1 year commencing from 1st May 2021. It will review regulations, circulars, generate reports accordingly, and will streamline the compliance procedure to make it more effective.
- Static Part:
- HQ of RBI: Mumbai
Question:
Q.1 Who among the following to head the advisory group set up by RBI to assist RRA 2.0?
a. T T Srinivasaraghavan
b. Subir Saha
c. Ravi Duvvuru
d. S Janakiraman
a. T T Srinivasaraghavan
b. Subir Saha
c. Ravi Duvvuru
d. S Janakiraman