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  1. Mr. Nageswara Rao Y. joined as Executive Director, Bank of Maharashtra (BoM) today, the 31st of March, 2020. Before joining BoM, Mr. Nageswara Rao was Officer on Special Duty & Whole Time Director at Syndicate Bank from the 15th of April, 2019. Before joining Syndicate Bank, Mr. Rao was the Executive Director of the erstwhile Vijaya Bank from 22nd

  2. Press Releases. The Reserve Bank of India, on November 29, 2021 has superseded the board of directors of Reliance Capital Ltd. and appointed Shri Nageswara Rao Y, ex-Executive Director, Bank of Maharashtra, as the Administrator. In exercise of powers conferred under section 45-IE (5) (a) of the RBI Act 1934, the Reserve Bank has constituted a ...

  3. Y Nageswara Rao is Former Executive Director at Bank of Maharashtra. See Y Nageswara Rao's compensation, career history, education, & memberships.

    • Former Executive Director
    • Bank of Maharashtra
  4. Nov 29, 2021 · RBI had appointed Nageswar Rao Y, former executive director of Bank of Maharashtra, as the administrator of Reliance Capital. The RBI circular added that the central bank will also app The Reserve Bank of India (RBI) has decided to supersede the board of Anil Dhirubhai Ambani-owned non-banking financial company (NBFC) Reliance Capital Ltd due to governance concerns and defaults.

  5. Nov 29, 2021 · RBI said that Nageswar Rao Y, former executive director at Bank of Maharashtra, will now act as the administrator of the non-bank lender, founded by Anil Dhirubhai Ambani. The Reserve Bank of India (RBI) on Monday superseded the board of struggling Reliance Capital and decided to approach the National Company Law Tribunal to kickstart the resolution process.

  6. Dec 3, 2021 · RCL is promoted by Anil Dhirubhai Ambani’s Reliance Group. In this regard, the apex bank has appointed Nageswar Rao Y (Ex-Executive Director, Bank of Maharashtra) as the Administrator of the company under Section 45-IE (2) of the RBI Act. The reason behind this is the defaults made by RCL for various debt obligations payments and serious ...

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  8. Feb 21, 2020 · February 21, 2020 Appointments, Banking, PSU. Shri Y Nageswara Rao presently Officer on Special Duty (OSD) and whole-time Director (WTD), Syndicate Bank , has been appointed as Executive Director (ED), Bank of Maharashtra vice Shri A C Rout with effect from 31.03.2020 till 21.01.2021. Indian Bureaucracy Dot Com wishes the very best.