D. N. Ghosh

Last updated

A large chunk of his civil service years were spent in the banking division (later department) of the Union finance ministry as a key official who helped draft laws that led up to bank nationalisation and thereafter to a supervisory structure for public sector banks.

Banking career

He served as the twelfth Chairman of State Bank of India from 13 May 1985 until 12 May 1989. [1] [2]

After his retirement from the State Bank of India in 1989, he was succeeded by Atal V. as the Chairman of State Bank of India. [1] [2]

It was during his time at the State Bank of India, that the drive towards computerization of branches was begun. The State Bank of India was also rated by the international rating agency the S&P Global Ratings for the first time during his tenure. [6]

Later career

After having retired from the State Bank of India in 1989, he held a number of executive posts in the private sector which included: [7]

He has also served as the president of the Society for the Preservation of Satyajit Ray Archives. [3]

In 1991, he became the Managing Trustee of the Sameeksha Trust, which is the publisher of Economic and Political Weekly. [8]

Related Research Articles

<span class="mw-page-title-main">State Bank of India</span> Indian public sector bank

State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the tenth largest employer in India with nearly 250,000 employees. In 2024, the company’s seat in Forbes Global 2000 was 55.

<span class="mw-page-title-main">K. V. Kamath</span> Indian banker

Kundapur Vaman Kamath is the current Independent Director and Non-Executive Chairman of Jio Financial Services and the former chief of the New Development Bank of BRICS countries, previously he has also served as the Chairman of Infosys Limited, the second-largest Indian IT services company, and as the Non-Executive Chairman of ICICI Bank. Kamath also served as ICICI Bank's founder and Managing Director and CEO from 1 May 1996 until his retirement from executive responsibilities on 30 April 2009.

<span class="mw-page-title-main">C. D. Deshmukh</span> Indian politician

Sir Chintaman Dwarakanath DeshmukhICS was an Indian civil servant and the first Indian to be appointed the Governor of the Reserve Bank of India in 1943 by the British Raj authorities. He subsequently served as the Finance Minister in the Union Cabinet (1950–1956). It was during this time that he also became a founding member of the Governing Body of NCAER, the National Council of Applied Economic Research in New Delhi, India's first independent economic policy institute established in 1956 at the behest of Prime Minister Jawaharlal Nehru. After resignation from Union Cabinet he worked as Chairman of UGC (1956–1961). He served as Vice-Chancellor of University of Delhi (1962–67). He was also President of Indian Statistical Institute from 1945 to 1964, Honorary Chairman of National Book Trust (1957–60).

<span class="mw-page-title-main">Ministry of Finance (India)</span> Finance ministry of India

The Ministry of Finance is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget.

Narayanan Vaghul was an Indian banker and philanthropist, who served as chairman and managing director of ICICI Bank, one of India's largest private sector banks. He was a recipient of the Padma Bhushan, India's third highest civilian honour, in 2010.

Rajendra Singh Lodha, popularly known as R. S. Lodha, was an Indian chartered accountant and the chairman of the Birla Corporation. He managed several group companies, including Birla Corporation, Universal Cables, Vindhya Telelinks and Birla Ericsson Optical. He was an chartered accountant by profession and he owned Lodha & Co., an audit firm.

<span class="mw-page-title-main">Infrastructure Leasing & Financial Services</span> Infrastructure development and finance company headquartered in Mumbai, India

Infrastructure Leasing & Financial Services Limited (IL&FS) is an Indian state-funded infrastructure development and finance company. It was created by public sector banks and insurance companies.

<span class="mw-page-title-main">YES BANK</span> Indian private sector bank

Yes Bank is an Indian private sector bank, headquartered in Mumbai, catering to retail customers, MSMEs, and corporate clients. The bank was founded by Ashok Kapur. Its network is spread across 300 districts in India and comprises 1,198 branches, 193 BCBOs and 1,287+ ATMs.

<span class="mw-page-title-main">Moosa Raza</span> Indian civil servant (1937–2024)

Moosa Raza was an Indian civil servant who was the chairman of the South Indian Educational Trust (S.I.E.T.), which runs six educational institutions; he was also chairman of the executive committee of Coastal Energen Pvt. Ltd. Raza has written a widely read book, Of Nawabs and Nightingales.

<span class="mw-page-title-main">O. P. Bhatt</span>

Om Prakash Bhatt is an Indian banker and was the Chairman of State Bank of India from June 2006 until 31 March 2011 Presently, he is an independent director on the board of the 'Maharatna' Central Public Sector Enterprise - Oil and Natural Gas Corporation Ltd (ONGC), Tata Steel Ltd and also Hindustan Unilever Ltd. (HUL). On 25 November 2016 he was made interim chairman of TATA Steel, replacing Cyrus Mistry. He continues as an independent director after N. Chandrasekaran took over as Chairman in 2017. The Supreme Court appointed him member of a committee to investigate issues arising out of US short-seller Hindenburg's report on the Adani Group on 2 March 2023.

<span class="mw-page-title-main">ICRA Limited</span> Indian Credit Rating Company

ICRA Limited (ICRA) is an Indian independent and professional investment information and credit rating agency. The company was established in 1991, and was originally named Investment Information and Credit Rating Agency of India Limited.

<span class="mw-page-title-main">Arundhati Bhattacharya</span> Indian banker

Arundhati Bhattacharya is the Chairperson and Chief Executive Officer for Salesforce, India. .She is also retired Indian banker and former Chairperson of the State Bank of India. She is the first woman to be the Chairperson of State Bank of India. In 2016, she was listed as the 25th most powerful woman in the world by Forbes. She is the only Indian corporate leader listed on Fortune's world's greatest leaders list ranked at 26.

Surendra Singh was Cabinet Secretary in the Indian government from August 1994 to July 1996, as well as Chairman of the Civil Services of India. Prior to that he was Secretary of the former Indian Ministry of Industry.

Janki Vallabh was an Indian career banker who served as the Chairman of State Bank of India from 1 November 2000 to 31 October 2002. He was also a certified associate of the Indian Institute of Banking and Finance.

<span class="mw-page-title-main">P. V. Rajaraman</span>

P. V. Rajaraman, IAS is a retired Indian civil servant, a former managing director of India Cements and a former chairman of Audit committee and Investor Grievance Committee of the Government of India. He was honoured by the Government of India in 2015 with Padma Shri, the fourth highest Indian civilian award.

<span class="mw-page-title-main">Rajnish Kumar (banker)</span> Indian banker

Rajnish Kumar is an Indian banker. He held the position of Chairman of the State Bank of India.

<span class="mw-page-title-main">Rakesh Sharma (banker)</span> Private banker in India

Rakesh Sharma is an Indian banker who is the Managing Director & Chief Executive Officer of IDBI Bank. Sharma was the MD and CEO of Lakshmi Vilas Bank and Canara Bank. He has also held positions at State Bank of India during his 33-year tenure with the lender.

Sethurathnam Ravi (S Ravi) is a chartered accountant (CA) based in India, promoter and managing partner of Ravi Rajan & Co. LLP and the former Chairman of Bombay Stock Exchange (BSE). He is also on the Board of Directors of over 45 companies and organisations including IDBI Bank, LIC, ONGC, BHEL, and more. He also serves as an Independent Director of Tourism Finance Corporation of India. In 2003, He was also appointed by Government of India and Reserve Bank of India (RBI) as Chairman of the Technical Experts Committee for Punjab & Sind Bank's strategic turnaround. In 2019, Ravi also joined SBI Payments Services Pvt. Ltd as one of the Board Directors. Before joining BSE, Ravi served on boards of various companies such as, UTI Company Pvt Ltd., SMERA Ratings, SBI-SG Global Securities, STCI Finance, and BOI Merchant Bankers. He also serves as a member of SEBI's takeover panel and Institute of Chartered Accountants of India (ICAI). S Ravi had been appointed as the independent director of the EbixCash Private Limited in June 2021, a subsidiary of Ebix, Inc. a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. He is also a frequent speaker at regulatory bodies, like ICAI, RBI and SEBI, Mr. S Ravi is passionate about sports and issues related to equal rights of women, global climate change and education for all. The Board of PCBL at its meeting held on 31 January 2023 has appointed Dr. Sethurathnam Ravi as a Non-Executive Independent Director of the Company for an initial term of five consecutive years with effect from 15 March 2023.

P. C. D. Nambiar was an Indian career banker who served as the eighth Chairman of State Bank of India.

Atanu Chakraborty the chairperson of HDFC Bank. He was appointed by the Reserve Bank of India in April 2021. He is a retired 1985 batch officer of the Indian Administrative Service and Gujarat cadre, and served as Economic Affairs Secretary of India until his retirement in April 2020.

References

  1. 1 2 3 Hazari, Hemindra (3 February 2002). "A Question of Leadership" (PDF). hemindrahazari(.)com. Archived (PDF) from the original on 14 April 2021.
  2. 1 2 3 ""State Bank of India- Story of the Largest Bank in India"". 27 May 2021.
  3. 1 2 3 4 "D.N. Ghosh | Authors | Rupa Publications".
  4. "'No Regrets' launched". 27 August 2015.
  5. 1 2 3 4 5 6 7 8 9 10 11 "DN Ghosh | The Billion Press". www.thebillionpress.org.
  6. 1 2 3 Roy, Subir (12 November 2015). "From civil servant to corporate warrior" via Business Standard.
  7. "CHAIRMAN EMERITUS - Mr. D. N. Ghosh". ICRA India. Archived from the original on 25 February 2020.
  8. "No regrets, only looking back". 13 September 2015. Archived from the original on 14 March 2016.{{cite web}}: CS1 maint: unfit URL (link)
Dhruba Narayan Ghosh
12th Chairman of State Bank of India