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Delhi School of Economics. Known for. Deputy Governor Reserve Bank of India. Usha Thorat, (born 20 February 1950) served as Deputy Governor of the Reserve Bank of India [ 1 ] (RBI) (India's central bank) from 10 November 2005 to 8 November 2010. Prior to this she was the executive Director of the RBI. [ 2 ][ 3 ]
The Reserve Bank of India, abbreviated as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. Owned by the Ministry of Finance, Government of India, it is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and ...
Status: In force. The Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India". [1]
Holding office for over seven years, Sir Benegal Rama Rau was the longest-serving governor, while Amitav Ghosh 's 20-day term is the shortest. The bank's fifteenth governor, Dr Manmohan Singh, later became India's thirteenth prime minister. Shaktikanta Das is the twenty-fifth governor of the Reserve Bank of India from 12 December 2018.
A 2012 study, by Reserve Bank of India revealed 30.8% of total foreign remittances was from West Asia, compared to 29.4% from North America and 19.5% from Europe. [14] However, owing to the onslaught of COVID-19, the World Bank has estimated a 9% decline in the remittances to India. [18]
Known for. Regional Director, Kerala and Lakshadweep. Salim Gangadharan (born 30 October 1953) is an Indian banker and the incumbent Chairman of the South Indian Bank. [1] 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 ...
Professor (Dr.) Bimal N. Patel UN's International Law Commission In office 13 November 2021 – Present Vice Chancellor, Rashtriya Raksha University, Gujarat, India In office 20 January 2020 – Present Member, National Security Advisory Board, India Officer on Special Duty, Raksha Shakti University In office 16 July 2019 – 19 January 2020 Director, Gujarat National Law University In office ...
Deputy Governor of the Reserve Bank of India; Appointer: Government of India: Term length: Three years: Constituting instrument: Reserve Bank of India Act, 1934: Inaugural holder: James Braid Taylor and Sikandar Hayat Khan: Deputy: Executive Director: Salary ₹ 2,25,000/-Website: www.rbi.org.in /scripts /deputygovernors.aspx