RBI Steps In—Why Capital India Finance Can’t Move Forward With Its CEO Pick

Unknown Apr 02, 2026 1,200 Views

In a surprising twist, the Reserve Bank of India (RBI) has declined its noobjection to Pinank Jayant Shah’s appointment as CEO of Capital India Finance Ltd. The central bank’s decision, communicated via a formal letter dated June 10, 2025, cites “fit and proper” concerns a...