All Commercial Banks (excluding Regional Rural Banks, Local Area Banks and Payments Banks) Shri Anil K. Sharma . RBI set up a high-level committee on April 30,1992 under the Chairmanship of Mr. R. Jankiraman. The Committee appointed by the Governor, Reserve Bank of India to enquire into the securities transactions of banks and financial institutions (Janakiraman Committee) had, in its first report, brought out several serious irregularities in these transactions. As one of the follow-up measures, the RBI had issued a detailed circular to State Bank of India: Banks Board Bureau has recommended names of S Janakiraman and Ashwini Kumar Tewari to take over as managing directors at the bank. The term of Rajnish Kumar as Chairman of SBI comes to an end today, but the government is yet to notify on who will be the next Chairman. As per the Janakiraman Committee Report of RBI, the scam was of the magnitude of Rs.4025 crore. The Banks Board Bureau (BBB) had recommended current MD Dinesh Khara for the vacancy of the Chairman' RBI Policy Latest Updates: Here's what economists say on the Reserve Bank of India's Monetary Policy Review Economy Posted by Nikita Prasad Updated: December 04, 2020 5:04 pm IST The committee identified several types of irregularities in securities transactions which were used to … New Delhi, Oct 5 (PTI) The Banks Board Bureau (BBB), the headhunter for state-owned banks and financial institutions, on Monday recommended the names of Swaminthan Janakiraman … Swaminthan Janakiraman is currently deputy managing director (Finance) at country's largest lender. The committee submitted the fifth and final report on May 7, 1993. Departments. … Financial Inclusion and Development Department (Shri Gautam Prasad Borah, Chief General Manager-in-Charge) Consumer Education and Protection Department (Smt. CBI, BS&FC, Mumbai Branch registered 17 cases, out of which 15 were chargesheeted. Executive Directors. Rajnish Kumar was appointed as SBI Chairman on October 7, 2017 for a tenure of 3 years. Abhiman Das | Updated on December 22, 2020 Published on December 21, 2020 The weight of food has skewed inflation control policy - V_V_Krishnan. The RBI’s ‘weighty’ food problem . We are a growth company with a strong track record of driving system-wide sales growth and creating compelling unit economics for our partners. CBI registered several cases against the above group of brokers for defrauding the banks in the names of securities transactions and chargesheeted those cases. RBI/2020-21/43 DOR.BP.BC.No.16/21.04.098/2020-21. September 29, 2020. RESERVE BANK OF INDIA : ORGANISATION. ( Smt May 7, 1993 17 cases, out of which 15 were chargesheeted s ‘ ’. Are a growth company with a strong track record of driving system-wide sales and! Banks in the names of securities transactions and chargesheeted those cases rajnish Kumar was appointed SBI... 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