Current Affairs - Persons - Discussion

Online financial services marketplace BankBazaar has appointed former RBI Deputy Governor (DG) S S Mundra as an advisor to the company. Mundra was a deputy governor at the RBI for three years till July 2017. BankBazaar Co-Founder & CEO Adhil Shetty stated that as the digital mode is increasingly becoming the preferred way to transact, there is a greater need for collaboration between fin-tech, regulators, and financial institutions. He also stated that Mundra's expertise will help in driving 100 percent paperless and presence-less financing by the company in India.