Current Affairs - Persons - Discussion

Subhash Sheoratan Mundra has been appointed as Independent Director on the Board of Indiabulls Housing Finance Ltd (IBHFL) for a period of three years. The former Deputy Governor of the Reserve Bank of India (RBI) and senior banker is not replacing an existing member on the Board. Mundra, a Post-Graduate from the University of Poona, used to be the Chairman of Bank of Baroda and an Executive Director at Union Bank of India. He left the RBI in July 2017.