RBI sets up College of Supervisors (Cos) chaired by former deputy governor N S Viswanathan to strengthen supervision

RBI sets up College of Supervisors (Cos) chaired by former deputy governor N S Viswanathan to strengthen supervision

• The Reserve Bank of India (RBI) has set up an academic advisory council called ‘College of Supervisors (CoS)’ to further strengthen supervision over regulated entities. 
• The Cos will be headed by former deputy governor N S Viswanathan and will have five other members.
• Key objective of the council will be to identify areas where skill building/up-skilling are requir­ed, plan and develop curricula of all programmes, benchmark the programmes with international standards/­best practices, and develop appropriate teaching methods, etc.
• Other members include:
  1. Arijit Basu, State Bank of India Managing Director
  2. Paresh Sukhankar, former HDFC Bank Deputy Managing Director
  3. S Raghunath of Banglore IIM
  4. Tadhagatha Bandyophyay of Ahemadabad IIM and
  5. Subrata Sarkar of IGIDR, Mumbai

Points to Remember:

1. Who is the Chairperson of the ‘College of Supervisors (CoS)’ formed by RBI
2. How many members are there in ‘College of Supervisors (CoS)’?

Source: Business Standard