Utkarsh Small Finance Bank Receives RBI Approval for Executive Compensation
Utkarsh Small Finance Bank Limited announced on March 18, 2026, that it has received approval from the Reserve Bank of India (RBI) regarding the variable pay for Managing Director & Chief Executive Officer, Mr. Govind Singh, for the fiscal year 2024-25. The approval also covers the fixed pay for Mr. Singh for the fiscal year 2025-26, aligning with a previous RBI letter dated September 16, 2024. The RBI’s approval was communicated in a letter dated March 17, 2026. Further details are available on the bank’s website at www.utkarsh.bank.in.Source:
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