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Ramesh Gelli is an Indian banking executive who served as the Chairman and Managing Director (CMD) of Vysya Bank and was a promoter and CMD of Global Trust Bank. Gelli set up GTB in 1993 along with Jayant Madhab,a top official of the Asian Development Bank. In 2001,Gelli was removed from his position of CMD of GTB and later from its board by India's banking regulator,the Reserve Bank of India (RBI) following a failed merger attempt. In 2004,GTB operations were halted by the RBI as GTB had accumulated non-performing assets in excess of permissible levels and its net worth turned negative,amidst accusations of mismanagement and reckless lending practices. GTB was then merged with the Oriental Bank of Commerce by the regulator.
The IDBI Bank Limited is a development finance institution under the ownership of Life Insurance Corporation of India and Government of India. It was established in 1964 as Industrial Development Bank of India,a development finance institution,which provided financial services to industrial sector. In 2005,the institution was merged with its commercial division,IDBI Bank,forming the present-day banking entity and was categorised as "other development finance institution" category. Later in March 2019,Government of India asked Life Insurance Corporation to infuse capital in the bank due to high NPA and capital adequacy issues and also asked LIC to manage the bank to meet the regulatory norms. IDBI was put under Prompt corrective action of the RBI and on 10 March 2021 IDBI came out of the PCA. At present direct and indirect shareholding of Government of India in IDBI Bank is approximately 95%,which Government of India (GoI) vide its communication F.No. 8/2/2019-BO-II dated December 17,2019,has clarified and directed all Central/State Government departments to consider IDBI Bank for allocation of Government Business. Many national institutes find their roots in IDBI like SIDBI,EXIM,National Stock Exchange of India,SEBI,National Securities Depository Limited.
Raghuram Govind Rajan is an Indian economist and the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago's Booth School of Business. Between 2003 and 2006 he was Chief Economist and director of research at the International Monetary Fund. From September 2013 through September 2016 he was the 23rd Governor of the Reserve Bank of India. In 2015,during his tenure at the RBI,he became the Vice-Chairman of the Bank for International Settlements.
Muthusamy Balachandran is an Indian banker who served as the Chairman and Managing director (CMD) of Bank of India from June 2005 to April 2007. Before his appointment as the CMD of Bank of India,he was the executive director of the same bank. He also served as chairman of board of National Payment Corporation of India Limited before steeping down in 2017.
Sri Venkitaramanan was the eighteenth Governor of the Reserve Bank of India. He served for a period of 2 years,from 1990 to 1992. Earlier,he served as Finance Secretary in the Ministry of Finance,from 1985 to 1989.
Palai Central Bank was a commercial bank headquartered in Kerala,South India that functioned during the middle of last century. Although it was started in a small,remote city,the bank grew to become not only the largest bank but the latest institution in Kerala,after the state government,and the 17th largest among the 94 scheduled banks in India. The Kerala High Court in 1960 ordered the liquidation of Palai Central Bank on a petition from the Reserve Bank of India.
M. S. Sundara Rajan ்,is an Indian banking consultant,economist and was previously the head of Indian Bank. Rajan is a M.A. (Econ),CAIIB and A.C.S. He is a visiting faculty to many institutions. His core expertise is in investment banking,project finance,corporate restructuring and capital market. Rajan is known to be a soft-spoken and polite person. Rajan has visited Singapore,London,Tokyo,Hong Kong,New York &Dubai on business engagements. Rajan is an ardent Caranatic Music Fan and can speak in over five languages.
Shyamala Gopinath is Chairperson of HDFC Bank,India's largest lender by market capitalization. Ms. Gopinath is a former deputy governor of the Reserve Bank of India (RBI),a position she served for seven years.
RBI Thiruvananthapuram is a branch office of the Reserve Bank of India,with its jurisdiction covering the State of Kerala and the Union Territory of Lakshadweep. This regional office contains nearly all of the major departments of Reserve Bank of India. The only exceptions are the departments of Foreign Exchange (FED) and Economic Policy &Research (DEPR),both of which are housed at the bank's sub-office at Kochi. The office is headed by Nirmal Chand,regional director.
Yaga Venugopal Reddy is an Indian economist and a retired Indian Administrative Service (IAS) officer of the 1964 batch belonging to Andhra Pradesh cadre. Reddy served as governor of the Reserve Bank of India (RBI),India's central bank,from September 2003 until September 2008.
The Institute of Banking Personnel Selection (IBPS) is a central recruitment agency under the ownership of Ministry of Finance,Government of India that was started with an aim to encourage the recruitment and placement of young undergraduates,postgraduates and doctorates at the rank of Group 'A' officer,Group 'B' officer,Group 'C' employee and Group 'D' employee in nationalised banks and regional rural banks in India. It also provides standardised systems for assessment and result processing services to organisations.
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Deepali Pant Joshi is a former executive director of the Reserve Bank of India. She is a development economist and a writer on economic subjects. Her professional responsibilities have included the Department of Currency Management,Legal Department and Premises Department. She was the First Appellate authority under the Right to Information Act,as well as the RBI nominee on the governing council of the Institute of Banking Personnel Selection (IBPS) and director on the board of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL).
A. K. Bera is an Indian banker from Assam.
The Banking Regulation Act,1949 is a legislation in India that regulates all banking firms in India. Passed as the Banking Companies Act 1949,it came into force from 16 March 1949 and changed to Banking Regulation Act 1949 from 1 March 1966. It is applicable in Jammu and Kashmir from 1956. Initially,the law was applicable only to banking companies. But,in 1965 it was amended to make it applicable to cooperative banks and to introduce other changes. In 2020 it was amended to bring the cooperative banks under the supervision of the Reserve Bank of India.
Committee on Medium-term Path on Financial Inclusion is an experts committee formed by the Reserve Bank of India (RBI) on 15 July 2015 to create a five-year plan for financial inclusion in India. It is headed by Deepak Mohanty,executive director of RBI. It is expected to submit its report within four months.
N. S. Vishwanathan was the deputy governor of Reserve Bank of India. He was appointed on 28 June 2016,by the Appointments Committee of the Cabinet of Government of India. He replaced H. R. Khan,whose term ended on 4 July 2016.
The Monetary Policy Committee is responsible for fixing the benchmark interest rate in India. The meetings of the Monetary Policy Committee are held at least four times a year and it publishes its decisions after each such meeting.
Salim Gangadharan is an Indian banker and the incumbent Chairman of the South Indian Bank. He was also Principal Chief General Manager of Reserve Bank of India and Regional Director for Kerala and Lakshadweep. He has also been Director of Syndicate Bank and Central Bank of India.
References
- ↑ "Right to Information Act". RBI. Retrieved 2019-06-23.
- ↑ "Indian Institute of Banking & Finance – Management". IIBF. Retrieved 2019-06-23.
- ↑ "ABCI Annual Award Winners". Association of Business Communicators of India. Retrieved 2019-06-23.
- ↑ "A K Sarangi at Inter Bank Table Tennis Tournament". The Times of India. Retrieved 2013-12-10.
- ↑ "Change in Paradigm in HR Management Conference" (PDF). SBI Foundation. Retrieved 2018-07-15.
- ↑ "RBI staff defer mass casual leave". Business Line. Retrieved 2018-09-03.
- ↑ "High Court issues contempt notice to RBI official". The Times of India. Retrieved 2019-08-10.