RBI Hikes Cap on Bank Directors’ Fees | India Business News – Times of India
[ad_1] MUMBAI: The RBI has increased the ceiling on fees paid to non-executive directors of banks to Rs 30 lakh per year from the existing level of Rs 20 lakh. The revision comes two years after RBI came out with new guidelines for directors as a part of corporate governance, where it capped the remuneration…