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The governor of the Reserve Bank of India is the chief executive officer of India's central bank and the ex-officio chair of its Central Board of Directors. Initially it was below the cabinet secretary rank but currently it an equivalent rank to cabinet secretary.
A Ghosh was the Deputy Governor of the Bank since 1982 when he was appointed Governor for a brief period of 15 days till R N Malhotra could take over.
Das assumed charge as RBI governor on 12 December 2018. Reactions of the markets to Das' appointment was positive, with BSE SENSEX gaining 629 points and NIFTY 50 increasing by 188 points. As RBI governor, Das serves as the ex-officio chairperson of the Monetary Policy Committee of the central bank.
Sir Osborne Smith was the first Governor of the Reserve Bank. A professional banker, he served for over 20 years with the Bank of New South Wales and 10 years with the Commonwealth Bank of Australia before coming to India in 1926 as a Managing Governor of the Imperial Bank of India.
22 hours ago · RBI governor Shaktikanta Das on Wednesday asked banks to further strengthen the governance standards, risk management practices and compliance culture. As part of the Reserve Bank’s continuous engagement with the senior management of its regulated entities, Das held meetings with the managing directors (MDs) and chief executive officers (CEOs) of public sector banks and select private banks.
Governor, Reserve Bank of India meets MD & CEOs of Public and Private Sector Banks. Regulation of Foreign Trade under Foreign Exchange Management Act (FEMA), 1999 – DRAFT REGULATIONS AND DIRECTIONS. RBI appoints Smt. Charulatha S Kar as new Executive Director. RBI appoints Shri Arnab Kumar Chowdhury as Executive Director.
Shaktikanta Das will start his extended three-year tenure as the Reserve Bank of India (RBI) governor from Friday. The decision for this extension was taken by the appointments committee of the...
Jun 26, 2024 · The RBI Governor went on to say that “there cannot be any wavering or distractions at this stage”. “Any distractions will severely compromise growth,” he said. Despite the recent moderation in inflation, Das warned that severe weather-related shocks could push inflation back above 5%. With growth remaining robust, the RBI is determined ...
May 17, 2016 · Members of the board are appointed by the Government of India in accordance with Section 8 of the Reserve Bank of India Act. The CBD as the administrative apex body of the RBI, contains two sets of directors. First is the official directors and second, non-official directors.
1 day ago · The governor in his opening remarks noted the continued improvement in banks' asset quality, loan provisioning, capital adequacy, and profitability, the RBI said in a statement. "While acknowledging the higher resilience and strength of the banking sector, he highlighted the importance of further strengthening the governance standards, risk ...
