...“The company will take immediate steps to completely ring-fence its operations from those of other entities owned or controlled by VP Nandakumar (executive chairman of the company) and his family to ensure that there is no overlapping of assets, branches or personnel between companies,” a press release issued by the company said on Sunday. To further enhance governance, the board will constitute an independent committee, under the chairmanship of Jagdish Capoor, former deputy governor of RBI and former chairman of HDFC Bank, the press release said..........
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