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Where was the September 2024 conference for Directors on the Boards of Small Finance Banks (SFBs) organized by the Reserve Bank of India held?
Question

Where was the September 2024 conference for Directors on the Boards of Small Finance Banks (SFBs) organized by the Reserve Bank of India held?

A.

Delhi

B.

Bengaluru

C.

Mumbai

D.

Kolkata

Correct option is B

The correct answer is: (b) Bengaluru
Explanation:
The Reserve Bank of India (RBI) organized a conference for Directors of Small Finance Banks (SFBs) in Bengaluru in September 2024. The event focused on improving governance,
risk management, and compliance culture within SFBs.
Information Booster:

•Key focus areas included strengthening cybersecurity, improving customer service, and effective grievance redressal.
• The theme of the conference was "Governance in SFBs – Driving Sustainable Growth and Stability."
Purpose: Strengthen board-level governance and risk oversight in SFBs
•The event featured inaugural remarks by Deputy Governor Shri Swaminathan J., who emphasized the importance of governance in guiding SFBs toward sustainable growth and stability.​
Importance: SFBs are key to financial inclusion and rural credit

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