RN Malhotra
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RN Malhotra
Ram Narain Malhotra popularly known as R. N. Malhotra (1926 – 29 April 1997) was the seventeenth governor of the Reserve Bank of India (RBI), serving from 4 February 1985 to 22 December 1990. Malhotra was a member of the Indian Administrative Service. He had served as Secretary, Finance, and as India's Executive Director of the International Monetary Fund before his appointment as governor of the RBI. During his tenure, the 500-rupee Rupee is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Africa, B ... note was introduced. He signed the 8hq A 50 rupees note 1986. In 1990 he was the recipient of the Padma Bhushan award. His wife Anna Rajam Malhotra was the first woman member of the Indian Administrative Service. References Governors of the Reserve Bank of India Indian bankers Indian ...
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Governor Of Reserve Bank Of India
The Governor of the Reserve Bank of India is the chief executive officer of India's central bank and the ''ex-officio'' chair of its Central Board of Directors. Indian Rupee currency notes, issued by the Reserve Bank of India, bear the governor's signature. Since its establishment in 1935 by the government of India, the RBI has been headed by twenty-fivegovernors. The governor of the Reserve Bank of India is a member of the Strategic Policy Group headed by National Security Advisor Ajit Doval. It is a crucial wing of the National Security Council. The term of office typically runs for three years and can, in some cases, be extended for another two years. The inaugural officeholder was the British banker Sir Osborne Smith, while Sir C. D. Deshmukh was the first native Indian governor. Holding office for over seven years, Sir Benegal Rama Rau was the longest-serving governor, while Amitav Ghosh's 20-day term is the shortest. The bank's fifteenthgovernor, Dr Manmohan Singh, later ...
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Amitav Ghosh (banker)
Amitav Ghosh (1930–16 September 2020) was an Indian banker. He served for 20 days from 15 January to 4 February 1985, as the 16th governor of the Reserve Bank of India The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for .... His term was the shortest ever served by any Reserve Bank of India governor. He died at age 90. Career Previously, Ghosh had been appointed RBI deputy governor. Before this Ghosh was the chairman of Allahabad Bank. He was also a Director of the IDBI Bank and was on the governing body of the National Institute of Bank Management. Notes References List of Governors of RBI 1930 births 2020 deaths Indian bankers Indian civil servants Governors of the Reserve Bank of India Businesspeople from Kolkata {{India-business-bio-stub ...
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Indian People
Indians or Indian people are the Indian nationality law, citizens and nationals of India. In 2022, the population of India stood at over 1.4 billion people, making it the world's List of countries and dependencies by population, second-most populous country, containing 17.7 percent of the global population. In addition to the Indian population, the Non-resident Indian and Overseas Citizen of India, Indian overseas diaspora also boasts large numbers, particularly in the Arab states of the Persian Gulf and the Western world. While the demonym "Indian" applies to people originating from the present-day Republic of India, it was also formerly used as the identifying term for people originating from Pakistan and Bangladesh during British Raj, British colonial era until 1947. Particularly in North America, the terms "Asian Indian" and "East Indian" are sometimes used to differentiate Indians from the indigenous peoples of the Americas; although the Native American name controversy, ...
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Anna Rajam Malhotra
Anna Rajam Malhotra (née George; 17 July 1927 – 17 September 2018) was an Indian Administrative Service officer. She was the first woman in India to hold this position. Anna Rajam belonged to the 1951 batch of the IAS and married R. N. Malhotra, her batchmate. Early life and education Anna Malhotra was born in 1927 in Niranam, Thiruvalla, Pathanamthitta as the daughter of Ottavelil O. A. George and Anna Paul. She was the granddaughter of Malayalam author Pailo Paul. She grew up in Calicut (Kozhikode district, Kerala) and completed her intermediate from Providence Women's College and bachelor's degree from Malabar Christian College in Calicut. In 1949 she obtained her master's in English literature from University of Madras. She passed the civil services examination in 1950, and was the second woman to do so. Career Malhotra was discouraged from joining the service by the board which consisted of four ICS officers, headed by R.N. Banerjee the Chairman of UPSC. She was inste ...
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Reserve Bank Of India
The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Nashik (Western India) and Dewas (Central India). RBI established the National Payments Corporation of India as one of its specialised division to regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialised division for the purpose of providing insurance of deposits and guaranteeing of credit facilit ...
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Indian Administrative Service
The Indian Administrative Service (IAS) is the administrative arm of the All India Services of Government of India. Considered the premier civil service of India, the IAS is one of the three arms of the All India Services along with the Indian Police Service and the Indian Forest Service. Members of these three services serve the Government of India as well as the individual states. IAS officers are also deployed to various government establishments such as constitutional bodies, staff & line agencies, auxiliary bodies, public sector units, regulatory bodies, statutory bodies and autonomous bodies. As with other countries following the parliamentary system of government, the IAS is a part of the permanent bureaucracy of the nation, and is an inseparable part of the executive of the Government of India. As such, the bureaucracy remains politically neutral and guarantees administrative continuity to the ruling party or coalition. Upon confirmation of service, an IAS offic ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ...
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Indian Rupee
The Indian rupee ( symbol: ₹; code: INR) is the official currency in the republic of India. The rupee is subdivided into 100 ''paise'' (singular: ''paisa''), though as of 2022, coins of denomination of 1 rupee are the lowest value in use whereas 2000 rupees is the highest. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. Etymology The immediate precursor of the rupee is the ''rūpiya''—the silver coin weighing 178 grains minted in northern India by first Sher Shah Suri during his brief rule between 1540 and 1545 and adopted and standardized later by the Mughal Empire. The weight remained unchanged well beyond the end of the Mughals until the 20th century. Though Pāṇini mentions (), it is unclear whether he was referring to coinage. ''Arthashastra'', written by Chanakya, prime minister to the first Maurya ...
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Padma Bhushan
The Padma Bhushan is the third-highest civilian award in the Republic of India, preceded by the Bharat Ratna and the Padma Vibhushan and followed by the Padma Shri. Instituted on 2 January 1954, the award is given for "distinguished service of a high order...without distinction of race, occupation, position or sex." The award criteria include "service in any field including service rendered by Government servants" including doctors and scientists, but exclude those working with the public sector undertakings. , the award has been bestowed on 1270 individuals, including twenty-four posthumous and ninety-seven non-citizen recipients. The Padma Awards Committee is constituted every year by the Prime Minister of India and the recommendations for the award are submitted between 1 May and 15 September. The recommendations are received from all the state and the union territory governments, as well as from Ministries of the Government of India, Bharat Ratna and Padma Vibhushan a ...
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Governors Of The Reserve Bank Of India
The Governor of the Reserve Bank of India is the chief executive officer of India's central bank and the ''ex-officio'' chair of its Central Board of Directors. Indian Rupee currency notes, issued by the Reserve Bank of India, bear the governor's signature. Since its establishment in 1935 by the government of India, the RBI has been headed by twenty-fivegovernors. The governor of the Reserve Bank of India is a member of the Strategic Policy Group headed by National Security Advisor Ajit Doval. It is a crucial wing of the National Security Council. The term of office typically runs for three years and can, in some cases, be extended for another two years. The inaugural officeholder was the British banker Sir Osborne Smith, while Sir C. D. Deshmukh was the first native Indian governor. Holding office for over seven years, Sir Benegal Rama Rau was the longest-serving governor, while Amitav Ghosh's 20-day term is the shortest. The bank's fifteenthgovernor, Dr Manmohan Singh, later ...
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Indian Bankers
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the U ...
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Indian Civil Servants
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the Un ...
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