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RBI ex-dy guv M K Jain to join RIL as advisor
Business Standard
|March 12, 2025
Will help top leadership of the group strategise on its financial services biz
M K Jain, former deputy governor of the Reserve Bank of India (RBI), is set to join Reliance Industries (RIL) as advisor.
The conglomerate, controlled by Mukesh Ambani, is seeking to bolster its senior leadership with talent from the banking industry, according to a source familiar with the matter.
Earlier this year, the RBI had appointed Jain to chair a standing external advisory committee tasked with assessing applications for universal and small finance banks.
A spokesperson of Reliance Industries declined to comment on the appointment. An email sent to the RBI on Monday did not elicit any response.
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