New Delhi: The Reserve Bank of India has appointed Arun Kumar Singh to the position of additional director on Bandhan Bank’s board. Singh’s term will begin on June 24, 2024, and end on June 23, 2025, or until further instructions are issued, whichever comes first.
At RBI, Arun Kumar Singh served as chief general manager till his retirement. Having worked for the RBI for nearly 36 years, he has held a variety of positions in the areas of financial inclusion, monetary policy, information technology, enforcement actions against banks and non-banks, government banking, and non-banking supervision and regulation. He has held positions on the boards of five banking and non-banking organisations as the RBI’s nominee director. In addition, he served as the State of Rajasthan’s regional director for three years. Arun Kumar Singh holds an MBA in finance and human resources in addition to his economics degree. In addition, he has the India Institute of Banking’s Certified Associate designation (CAIIB).
As a commercial bank, Bandhan Bank does business. There are 6,300 locations in the Banks distribution network. During the quarter, the Bank attracted 10 lakh new customers, bringing its total customer base to 3.36 crore. At present, the Bank employs close to 76,000 people
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