Former RBI head proposed for slot on board

INDIA - Former Governor of the Reserve Bank of India (RBI), Mr S. Venkitaramanan's name has been proposed for appointment as a director of Reliance Industries Ltd (RIL) at the ensuing annual general meeting (AGM) of the company.

The shareholders' nod will be sought at the AGM in Mumbai on 31 October for appointing Mr Venkitaramanan as a director, Business Line India reported.

A member under Section 257 of the Companies Act, 1956, has proposed his name. The shareholders' nod for the appointment

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