List of All India Financial Institutions. Regulated by Reserve Bank of India. It aims at providing safety and support to borrowers and lenders
What's trending in BankExamsToday
Smart Prep Kit for Banking Exams by Ramandeep Singh - Download here
|Full Form||Export-Import Bank of India||National Bank for Agriculture and Rural Development||Small Industries Development Bank of India||National Housing Bank|
|Founded||1 January 1982||12 July 1982||2 April 1990||9 July 1988|
|Managing Director/Chairman/CMD||MD- David Rasquinha||Chairman- Dr. Harsh Kumar Bhanwala||CMD: Mohammad Mustafa||CEO & MD- Sriram Kalyanaraman|
|Recommended by||B.Sivaraman Committee.
National Bank for Agriculture and Rural Development Act 1981
|High Level Group under the Chairmanship of Dr. C. Rangarajan.
National Housing Bank Act, 1987.
|Owned By||100 %||Previously GOI & RBI.
Now, GOI- 100 %
|Previously wholly owned subsidiary IDBI.
Now, different GOI regulated institutions.
|Wholly owned subsidiary of RBI.|
|Promotion of cross-border trade and investment.||Growth & Development in agriculture sector & other economic activities in rural areas.||Promotion, Financing & Development of micro, small and medium-scale enterprises (MSME)||Promotes housing finance institutions.
Registers, regulates and supervises Housing Finance Company.
|Composition||12 directors appointed by the GOI.
MD & Dy. MD appointed by GOI, 4 high-ranking members GOI, 3 industry/trade experts & 3 directors, each one of them is nominated by RBI, IDBI & ECGC Ltd.
|BOD- Appointed by GOI as per NABARD Act. Currently 15 directors- 1 Chairman, 2 Dy. MD, 1 appointed by RBI, 7 high-ranking members GOI & 4 industry/trade experts||BOD- 7 Members.
1 CMD, 2 Dy MD, 1 high-ranking member GOI, 3 nominees each from SBI, IDBI & LIC.
|BOD- 10 members
1 CEO, 2 Appointed by RDI, 5 high-ranking members GOI, 2 Non-official Part time member