RBI, SFBS discuss ways to enhance board oversight

The Reserve Bank of India (RBI) on Friday held talks with chief executives of small finance banks (SFBS) on a series of issues, including ways to improve board oversight and risk management. "The discussion was held on... evolution of business models of SFBS, enhancing board oversight and professionalism," the RBI said in a statement. They also deliberated upon improving their IT infrastructure to enhance customer experience and cyber security.