M. N. Goiporia | |
---|---|
14th chairman of the State Bank of India | |
Preceded by | Atal V. |
Succeeded by | Dipankar Basu |
Personal details | |
Nationality | Indian |
M. N. Goiporia was an Indian career banker who was the 14th chairman of the State Bank of India. [1]
He joined the Central Bank of India as a probationary officer and worked in a number of roles until becoming the 14th chairman of State Bank of India,a position he held from 19 February 1990 until 31 July 1992. [1]
Following the 1992 Indian stock market scam,Goiporia was asked by the Indian government to step down from his role as and was replaced by Dipankar Basu. [2]
He was the chairman of the Goiporia Committee,which made several important recommendations to improve the level of customer service in Indian banks. As a result of the committee's recommendations,all Indian banks are required to maintain a customer complaint book with adequate pages for recording complaints. [3]
Today,he is largely remembered for his role in 1992 Indian stock market scam. The State Bank of India was involved in the scam and several allegations were made against Goiporia,who was the then chairman. [4]
In Scam 1992:The Harshad Mehta Story,a documentary film chronicling the 1992 scam,the role of Goiporia was played by the Indian actor Vivek Vaswani. [5]
Ram Boolchand Jethmalani was an Indian lawyer and politician. He served as India's Union minister of law and justice,as chairman of the Indian Bar Council,and as the president of the Supreme Court Bar Association.
Harshad Shantilal Mehta was an Indian stockbroker and a convicted fraudster. Mehta's involvement in the 1992 Indian securities scam made him infamous as a market manipulator.
Ketan Parekh is a former stockbroker from Mumbai,who was convicted in 2008 for involvement in the Indian stock market manipulation scam that occurred from late 1998 to 2001. During this period,Parekh artificially rigged prices of certain chosen securities,using large sums of money borrowed from banks including the Madhavpura Mercantile Co-operative Bank,of which he himself was a director.
Sucheta Dalal is an Indian business journalist and author. She has been a journalist for over two decades and was awarded a Padma Shri for journalism in 2006. She was the Financial Editor for the Times of India until 1998 when she joined the Indian Express group as a Consulting Editor,leaving in 2008. She is known for exposing the 1992 stock market scam propagated by Harshad Mehta.
Sri Venkitaramanan was an Indian civil servant and economist who served as the 18th Governor of the Reserve Bank of India between 1990 and 1992,where he oversaw India's actions to tide over the balance of payments crisis. His actions were noted to have helped the country out of the crisis when its foreign-exchange reserves had almost depleted and helped usher in the country's economic liberalisation programme in the early 1990s.
IndusInd Bank Limited is an Indian financial services headquartered in Mumbai (Maharashtra). IndusInd Bank was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh.
The Securities and Exchange Board of India Act,1992 is an act that was enacted for regulation and development of securities market in India. It was amended in the years 1995,1999,and 2002 to meet the requirements of changing needs of the securities market.
Manohar J. Pherwani[1934-1992] was an Indian corporate executive and banker who served as Chairman of the Unit Trust of India (UTI),National Housing Bank (NHB) and Infrastructure Leasing &Financial Services (IL&FS). Under his tenure of almost a decade as the chairman of UTI,the asset base of UTI grew from ₹1 billion to about ₹176.5 billion.
Joint Parliamentary Committee (JPC) is one type of ad hoc Parliamentary committee constituted by the Indian parliament.
Gafla is a 2006 Indian Hindi-language crime drama film directed by Sameer Hanchate. It is a film inspired from the stock market scam of 1992 which mainly involved Harshad Mehta that rocked the Indian economy and changed lives of thousands forever.
Kamalesh Chandra Chakrabarty or K. C. Chakrabarty,was an Indian banker who served as one of the four Deputy Governors of the Reserve Bank of India (RBI) from 15 June 2009 to 25 April 2014,resigning three months ahead of the completion of his term. He was noted for his contributions to advancing financial inclusion and financial literacy during his time at the central bank.
R Sri Kumar is a vigilance commissioner in the Central Vigilance Commission,India. He assumed the role on September 8,2010.
Hansal Mehta is an Indian filmmaker. He started his career with television show Khana Khazana (1993–2000) and later moved on to directing films like Dil Pe Mat Le Yaar!! (2000),Yeh Kya Ho Raha Hai? (2002) and Woodstock Villa (2008). He received critical acclaim with Shahid (2013),for which he also won the National Film Award for Best Direction. He then went on to direct City Lights (2014),Aligarh (2016),Simran (2017),Omerta (2018),Scam 1992 (2020) and Scoop (2023).
Madhavpura Mercantile Cooperative Bank (MMCB) was a Gujarat-based interstate cooperative bank that became defunct and lost its licence after it was unable to pay back the money it owed public depositors. Reserve Bank of India cancelled its licence in June 2012 under section 22 of the Banking regulations Act,1949.
Meetha Lal Mehta was an Indian civil servant,a former Chief Secretary to the Government of Rajasthan and the founder chairman of Rajasthan Mission on Livelihoods (RMoL),a joint initiative by the Government of Rajasthan and UNDP for upgrading the livelihoods of the poorer sections of the people of the state. The Government of India honoured him in 2015 with the award of Padma Shri,the fourth highest Indian civilian award.
Pratik Gandhi is an Indian actor. He is known for his work in Gujarati theatre and Gujarati cinema. He received wide acclaim for portraying Harshad Mehta in Sony LIV series Scam 1992 and also won a Filmfare OTT Award. He acted in several Hindi films thereafter.
The Big Bull is a 2021 Indian Hindi-language biographical crime drama film directed and written by Kookie Gulati,based on stockbroker Harshad Mehta who was involved in financial crimes over a period of 10 years during 1980–1990. The film stars Abhishek Bachchan,Ileana D'Cruz and Nikita Dutta. It entered production in September 2019,and was digitally released on 8 April 2021 on Disney+ Hotstar. The film received mixed reviews,praising Bachchan's performance,but criticized in comparison to the much acclaimed Scam 1992,which was also based on Mehta's life.
The 1992 Indian stock market scam was a market manipulation carried out by Harshad Shantilal Mehta with other bankers and politicians on the Bombay Stock Exchange. The scam caused significant disruption to the stock market of India,defrauding investors of over ten million USD.
Scam 1992 –The Harshad Mehta Story is an Indian Hindi-language biographical financial thriller streaming television series on SonyLIV directed by Hansal Mehta,with Jai Mehta serving as the co-director. Based on the 1992 Indian stock market scam committed by many stockbrokers including Harshad Mehta,the series is adapted from journalist Sucheta Dalal and Debashish Basu's 1992 book The Scam:Who Won,Who Lost,Who Got Away. The screenplay and dialogues were written by Sumit Purohit,Saurabh Dey,Vaibhav Vishal and Karan Vyas.
Roshan Dalvi is a former judge of the Bombay High Court,in Maharashtra,India. She adjudicated a number of widely reported and significant cases during her career as a judge,including the dispute between the children of Shiv Sena leader Bal Thackeray regarding their inheritance,and the challenge to a Maharashtra law forbidding dancers in bar from carrying on their profession.