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The National Bank for Agriculture and Rural Development (NABARD) is an All India Financial Institution (AIFI) [ 4 ] and an apex Supervisory Body for overall supervision of Regional Rural Banks, State Cooperative Banks and District Central Cooperative Banks in India. [ 5 ] It was established under the NABARD Act 1981 passed by the Parliament of ...
The preamble of the Reserve Bank of India describes the basic functions of the reserve bank as: [13]...to regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage; to have a modern monetary policy framework to meet the challenge of an increasingly complex ...
Shaktikanta Das. Shaktikanta Das (born 26 February 1957) is serving as the current & 25th governor of the Reserve Bank of India (RBI). He was earlier a member of the Fifteenth Finance Commission and India's Sherpa to the G20. Das is a retired 1980 batch Indian Administrative Service (IAS) officer of Tamil Nadu cadre.
The committee suggested a six-member MPC - three members from the RBI and three nominated by the government. The government initially proposed a seven-member committee [5] - three from the RBI and four nominated by it. Subsequent negotiations led to the current composition of the committee, with the external members having a four-year term.
B.K. Madan 1 July 1964 31 January 1967 2 years, 214 days Economist Chairman of IDBI Bank [1] [2] [3] 18 B. N. Adarkar: 16 June 1965 3 May 1970 4 years, 321 days Economist Governor of the Reserve Bank of India [1] [2] [3] 19 A. Bakshi 24 January 1967 8 September 1969 2 years, 227 days [1] [2] [3] 20 J.J. Anjaria 1 February 1967 28 February 1970
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.
Civil servant, Economist. Known for. Governor of Reserve Bank of India. In this Telugu name, the surname is Duvvuri. Duvvuri Subbarao (born 11 August 1949) [ 2 ] is an Indian economist, Central Banker, and retired IAS officer. He was the 22nd Governor of Reserve Bank of India, served under Prime Minister Dr. Manmohan Singh.
A review of the RRBs in August 2009 by the Union Finance Minister revealed that a large number of RRBs had a low Capital to Risk weighted Assets Ratio (CRAR). A committee was constituted in September 2009 under the chairmanship of K C Chakrabarty, [4] the deputy governor of the Reserve Bank of India (RBI) to analyse the financials of the RRBs and suggest measures, including re-capitalisation ...