RBI promotes Kumar, Choudhary as EDs
The Hindu
RBI promotes Kumar, Choudhary as EDs The Reserve Bank of India has elevated Deepak Kumar and Ajay Kumar Choudhary as Executive Directors (EDs) with effect from January 03.Previously, Dr. Kumar was hea
The Reserve Bank of India has elevated Deepak Kumar and Ajay Kumar Choudhary as Executive Directors (EDs) with effect from January 03.
Previously, Dr. Kumar was heading the Department of Information Technology of RBI while As ED, he will look after Foreign Exchange Department, Department of Communication and Deposit Insurance and Credit Guarantee Corporation, which is a wholly owned subsidiary of the RBI.
Mr. Choudhary was the Chief General Manager-in-Charge, Department of Supervision. As ED, he will look after Fintech Department, Risk Monitoring Department and Inspection Department.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












