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All India Financial Institutions (AIFI)

October 24, 2017   Share Like     Labels: bet

List of All India Financial Institutions. Regulated by Reserve Bank of India. It aims at providing safety and support between borrowers and lenders
Organisation Exim Bank NABARD SIDBI NHB
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
Headquarters Mumbai Mumbai Lucknow New Delhi
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

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All India Financial Institutions (AIFI) 4.5 5 Yateendra sahu October 24, 2017 List of All India Financial Institutions. Regulated by Reserve Bank of India. It aims at providing safety and support between borrowers and...


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