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Central Bank of India was one of the first banks in India to issue credit cards in the year 1980 in collaboration with Visa. [citation needed] On its 108th Foundation day, Central Bank of India launched its first step towards robotic banking, a robot named "MEDHA". CBI is one of twelve public sector banks in India that was recapitalised in 2009.
Reserve Bank of India. On 6 August 2013 it was announced that Rajan would take over as the Governor of the Reserve Bank of India for a term of 3 years, succeeding Duvvuri Subbarao. On 5 September 2013 he took charge as the 23rd governor, at which point he took a leave of absence from the University of Chicago Booth School of Business.
A central bank, reserve bank, national bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union. [1] In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base.
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.
Key takeaways. The Federal Reserve is the central bank of the U.S. and is responsible for setting monetary policy and promoting maximum employment, stable prices and financial stability. The Fed's ...
The Institute of Banking Personnel Selection (IBPS) is a central recruitment agency operating under the ownership of the Ministry of Finance in the Government of India that was started with an aim to encourage the recruitment and placement of young undergraduates, postgraduates and doctorates at the rank of Group 'A' officer, Group 'B' officer, Group 'C' employee and Group 'D' employee in ...
Career banker 14 M. N. Goiporia: 19 February 1990 31 July 1992 2 years, 163 days Career banker Chairman of the Central Bank of India: 15 Dipankar Basu: 25 February 1993 31 August 1995 2 years, 187 days Career banker: Economist 16 P. G. Kakodkar: 1 October 1995 31 March 1997 1 year, 181 days Career banker
B. R. Ambedkar. / 19.02500°N 72.83389°E / 19.02500; 72.83389. Bhimrao Ramji Ambedkar (Bhīmrāo Rāmjī Āmbēḍkar; 14 April 1891 – 6 December 1956) was an Indian jurist, economist, social reformer and political leader who headed the committee drafting the Constitution of India from the Constituent Assembly debates, served as Law ...