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The Institute of Banking Personnel Selection (IBPS) is a central recruitment agency operating under the ownership of the Ministry of Finance in the 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 ...
Combined Graduated Level Examination (SSC CGL or CGLE) is an examination conducted by the Staff Selection Commission to recruit Group B and C officers to various posts in ministries, departments and organizations of the Government of India. The Staff Selection Commission was established in 1975.
Every year, the institute organizes an international conference in an area of relevance to the institute. The conferences are intended to promote an exchange of the latest knowledge, experiences, research findings and technical know-how in information technology and its application in the Indian banking and financial sector. [3]
The RBI regulates this ratio so as to control the amount a bank can lend to its customers. For example, an individual wants to buy a car using borrowed money and the car's value is ₹1 million. If the LTV is set to 70% he can borrow a maximum of ₹700,000. The RBI can decrease or increase to curb inflation or deflation respectively.
However, its eleigibility is different from the NABARD Grade-A Examination is usually focussed at recruiting the existing bankers, based on their performance in the examination. [ 37 ] NABARD Development Assistant / Development Assistant (Hindi) Examination : This exam is conducted to recruit Development Assistant ( DA in Group 'B').
Narasimham was a RBI research officer who served as an additional Secretary to the Department of Economic Affairs prior to becoming the governor. 14 I. G. Patel: 1 December 1977 — 15 September 1982 4 years, 288 days Patel was an economist who served as a secretary in the Ministry of Finance prior to becoming the governor.
Its major shareholders are the Raiffeisen Banking Group's eight regional banks (Raiffeisen-Landesbanken), which are bound by a shareholders' agreement and together hold a majority of RBI's equity. [2] RBI was established in 2010 as a subsidiary of Raiffeisen Zentralbank (RZB), and absorbed the latter in March 2017 through a reverse takeover.
On April 27, 2020, The IFSCA was established as a statutory body under the International Financial Services Centres Authority Act, 2019. [8] On April 27, 2020, inauguration of the IFSCA by the Finance Minister of India, Nirmala Sitharaman.