Arun Kumar Singh

About Arun Kumar Singh

My Central Banking career in Reserve Bank of India spans almost 34 years, plus initial years in a commercial bank. At the time of superannuation, I was the head of Enforcement Department in the Bank, Central Office, Mumbai. Presently I am on the Board of Bandhan Bank. During my long career, I have worked in Department of Regulation, Department of Supervision, Enforcement Department, Monetary Policy Department, Department of Information Technology, Government Banking Department, Financial Inclusion Department, etc. Besides, I served as Director on the Boards of six premier banking and non-banking entities - UBGB, UBI, ReBIT, RBiH & IDRBT. I had also a three-year stint as Regional Director for the State of Rajasthan.(i) Regulation & Supervision of NBFCs for eight years: Handled licensing, registration, monitoring and policy matters in regulation. Served as Principal Inspecting Officer for several such companies. Examined business models as well as risks & controls in NBFCs.(ii) Regulation & Supervision of banks, including small finance & payment banks for twelve years: Handled banking regulation in areas such as stress testing, authorization of banking outlets, reconstruction & liquidation of banks, approval of financial services, monitoring & reporting, etc. Acted Senior Supervisory Manager for banks and was associated with the first Asset Quality Review (AQR) as well as Risk-based Supervision (RBS). Participated in several committees on RBS guidelines, AQR guidelines, prompt corrective action (PCA), operational risk, MCLR, stress testing, supervision for small finance / payment banks, financial resolution, Enforcement Actions against Banks & non-Banks: Handled enforcement actions against banks, including small finance and payment banks, NBFCs, cooperative banks, credit information companies, payment system operators, asset reconstruction companies, etc. Involved in fine-tuning and upgrading enforcement framework.(iv) Digital Transformation for six years: Headed technology in RBI and was involved in technological / digital development in the areas of IT infrastructure, Data Centers. e-Kuber, Internal Applications, Payment System [RTGS/NEFT, etc.], Cyber Security, NGSOC, Government Banking, IT subsidiaries, automation of currency function, etc.(v) Monetary Policy: Participated in RBI policy making on regulation & development subjects.

Experience

1. Director

   Bandhan Bank

   Jun 2024 — Present · IN

Education

• National Institute of Bank Management (PGDM)

  Advanced Credit Risk Management

• Financial Stability Institute, Basel

  Advanced Operational Risk Management

• Patna University

  Bachelor of Arts - BA

• Institute of Management Technology, Ghaziabad

  Master of Business Administration - MBA

• International Management Institute - IMI

  Building Global Competitive Advantage in the Indian Banking and Financial Sector

• Indian Institute of Banking and Finance

  Certified Associate of Indian Institute of Bankers