Kumar Mangalam Birla resigns from RBI Board

July 23, 2013 18:08

Weeks after his group firm applied for a bank licence from RBI, Kumar Mangalam Birla today said he has resigned from the Board of the central bank to avoid any conflict of interest.

"I have resined from RBI Board 4-5 days ago. So, there is no conflict of interest now," Birla said here. Birla was a nominated as a member of the Directors of the Central Board of the RBI in 2006.

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