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 |
Smart Prep Kit for Banking Exams by Ramandeep Singh - Download here
Bank Exams Today Notes
Join 40,000+ readers and get free notes in your email
- http://www.bankexamstoday.com/2017/10/all-india-financial-institutions-aifi.html
No comments:
Post a Comment