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Ghosh was the deputy governor of RBI who was appointed as the interim governor until R. N. Malhotra assumed the office. 17 R. N. Malhotra: 4 February 1985 — 22 December 1990 5 years, 321 days Malhotra was an Indian Administrative Services officer who served as executive director of the International Monetary Fund prior to
List of deputy governors of the Reserve Bank of India No. Officeholder Portrait Term start Term end Term in office Background Other offices held References 1 James Braid Taylor: 1 April 1935 30 June 1937 2 years, 90 days Civil servant Indian Civil Service officer [1] [2] [3] 2 Sikandar Hayat Khan: 1 April 1935 20 October 1935 202 days Politician
In this list of financial regulatory and supervisory authorities, central banks are only listed where they act as direct supervisors of individual financial firms, and competition authorities and takeover panels are not listed unless they are set up exclusively for financial services.
To implement these recommendations, the RBI in Oct 1998, initiated the second phase of financial sector reforms by raising the banks' capital adequacy ratio by 1% and tightening the prudential norms for provisioning and asset classification in a phased manner on the lines of the Narasimham Committee-II report. [27] The RBI targeted to bring the ...
Office Name Portrait Since National Security Advisor: Ajit Doval, IPS: 30 May 2014 Cabinet Secretary: T.V. Somanathan, IAS: 30 August 2024 [6]: Principal Secretary to the Prime Minister
Banks Board Bureau (BBB) (now replaced by Financial Services Institution Bureau since 2022) was an autonomous body of the Government of India [1] tasked to search and select appropriate personages for the Board of Public Sector Banks, Public Sector Financial Institutions, and Public Sector Insurance Companies and recommend measures to improve Corporate Governance in these Institutions.
Sarangi joined Reserve Bank of India on 20 July 1987 as a Grade-A officer. He quickly rose through the ranks, becoming General Manager of Currency Management Department in 2001. He took over from A K Bera as officer in charge of RBI Belapur in 2008. He became Chief General Manager of Human Resources Department in 2014.
The Act gives the RBI the power to license banks, have regulation over shareholding and voting rights of shareholders; supervise the appointment of the boards and management; regulate the operations of banks; lay down instructions for audits; control moratorium, mergers and liquidation; issue directives in the interests of public good and on ...