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Raghuram Rajan Committee On Financial Sector Reforms
The Raghuram Rajan Committee on Financial Sector Reforms was a committee constituted by the Government of India in 2007 for proposing the next generation of financial sector reforms in India. It was chaired by University of Chicago economist Raghuram Rajan who had earlier been the chief economist at the International Monetary Fund. The committee, in its report titled ''A Hundred Small Steps'', recommended broad-based reforms across the financial sector, arguing that instead of focusing "on a few large, and usually politically controversial steps", India must "take a hundred small steps in the same direction". Background In 2007, then Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia, drafted Rajan to write a report proposing the next generation of financial sector reforms in India. The mandate that was given was to take an overall view of the sector in making recommendations, highlighting links between needed reforms, while offering a consistent underlying approach ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Booth School Of Business
The University of Chicago Booth School of Business (Chicago Booth or Booth) is the graduate business school of the University of Chicago. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with 10 Nobel laureates in the Economic Sciences, more than any other business school in the world. The school has the third-largest endowment of any business school. Notable Chicago Booth alumni include James O. McKinsey, founder of McKinsey & Company; Susan Wagner, co-founder of Blackrock; Eric Kriss, co-founder of Bain Capital; Satya Nadella, current CEO of Microsoft; and other current and former CEOs of Fortune 500 companies such as Allstate Insurance, Booz Allen Hamilton, Cargill, Chevron, Credit Suisse, Dominos, Goldman Sachs, IBM, Morgan Stanley, Morningstar, PIMCO, and Reckitt Benckiser. History The University of Chicago Booth School of Business traces its roots back to 1898 when university faculty member James Laurence Laughlin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raghuram Rajan
Raghuram Govind Rajan (born 3 February 1963) is an Indian economist and the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. Quote: "I am an Indian citizen. I have always been an Indian citizen. I always held an Indian passport. I held an Indian diplomatic passport when my father was in the foreign service and when I travelled on behalf of the Ministry of Finance. I have never applied for the citizenship of another country. I have never been a citizen of another country and have never taken a pledge of allegiance to another country."Crabtree, James (30 August 2013Raghuram Rajan, academic in a raging stormThe Financial Times (requires a subscription), Retrieved 11 November 2014 Between 2003 and 2006 he was Chief Economist and director of research at the International Monetary Fund. From September 2013 through September 2016 he was the 23rd Governor of the Reserve Bank of India. In 2015, during his tenur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deputy Chairman Of The Planning Commission
Since the Prime Minister of India happened to be the ex-officio chairperson of Planning Commission of India, the position of the deputy chairperson had great significance. List of Deputy Chairpersons of the Planning Commission See also * NITI Aayog The NITI Aayog (; abbreviation for National Institution for Transforming India) serves as the apex public policy think tank of the Government of India, and the nodal agency tasked with catalyzing economic development, and fostering cooperative ... References History of the planning commission Economy of India lists Economic planning in India {{India-econ-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Planning Commission (India)
The Planning Commission was an institution in the Government of India, which formulated India's Five-Year Plans, among other functions. In his first Independence Day speech in 2014, Prime Minister Narendra Modi announced his intention to dissolve the Planning Commission. It has since been replaced by a new institution named NITI Aayog. History Rudimentary economic planning, deriving from the sovereign authority of the state, was first initiated in India in 1938 by Congress President Netaji Subhash Chandra Bose,Atul Tiwari ,Jawaharlal Nehru who had been persuaded by Meghnad Saha to set up a National Planning Committee. M. Visvesvaraya had been elected head of the Planning Committee. Meghnad Saha approached him and requested him to step down, putting forward the argument that planning needed a reciprocity between science and politics. M. Visvesvaraya generously agreed and Jawaharlal Nehru was made head of the National Planning Committee. The so-called "British Raj" also fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Montek Singh Ahluwalia
Montek Singh Ahluwalia (born 24 November 1943) is an Indian economist and civil servant who was the Deputy Chairman of the Planning Commission of India, a position which carried the rank of a Cabinet Minister. He tendered his resignation for this post in May 2014 following the impending end of the UPA II regime at the center. He was previously the first Director of the Independent Evaluation Office at the International Monetary Fund. Early life and education Montek Singh Ahluwalia was born in Rawalpindi in 1943, the son of Jagmohan Singh, a clerk with the Defence Accounts Department, and Pushp Kaur. He studied at St. Patrick's High School, Secunderabad and Delhi Public School, Mathura Road. He graduated with a B.A. (Hons) degree from St. Stephen's College, Delhi, University of Delhi. He was a Rhodes scholar at the University of Oxford where he studied at Magdalen College, Oxford, as a graduate obtaining an M.A. in philosophy, politics and economics. He then read for an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suman Bery
Suman may refer to: Given name * Suman (actor), Indian actor * Suman Adhikary (born 1985), Indian director of Bengali films * Suman Bala (born 1981), Indian field hockey player * Suman Chakraborty, Indian engineer * Suman Deodhar (born 1930), Indian badminton player * Suman Ghosh (born 1967), Indian classical vocalist * Suman Ghosh (director), Indian director of Bengali films * Suman Kalyanpur (born 1937), Indian singer * Suman Kundu, Indian wrestler * Suman Mahato (born 1964), Indian politician * Suman Mukhopadhyay (born 1966), Indian filmmaker * Suman Muthe (born 1947), Indian social worker, activist, and writer * Suman Nagarkar, Indian actress in Kannada films * Suman Pokhrel (born 1967), Nepali poet, lyricist, translator, and artist * Suman Ranganathan (born 1974), Indian model and actress * Suman Rawat, Indian athlete * Suman Sahai, Indian activist * Suman Setty (born 1981), Indian actor in Tamil and Telugu films * Suman Shashi Kant, Indian actress * Suman Shri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uday Kotak
Uday Suresh Kotak (born 15 March 1959) is an Indian billionaire banker and the executive vice chairman and managing director of Kotak Mahindra Bank. In the early 1980s, while India was still a closed economy and economic growth was muted, Kotak decided to start out on his own, refusing a lucrative job option from a multinational. Over the next few years, he diversified his business into various areas of financial services, establishing a prominent presence in bills discounting, stockbroking, investment banking, car finance, life insurance and mutual funds. On 22 March 2003, Kotak Mahindra Finance Ltd. became the first company in India’s corporate history to receive a banking license from Reserve Bank of India. ''Bloomberg Billionaires Index'' estimated his wealth to be US$14.8 billion as of April 2021. In 2006 he and Goldman Sachs ended their 14 year partnership when Goldman Sachs sold their 25% stake in two subsidiaries for $72 million to Mr. Kotak. Early life and educati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rajiv Lall
Rajiv B. Lall is the managing director and vice chairman of Infrastructure Development Finance Company (IDFC) in India.Lok Capital exploring new strategies for social impact business-standard.com (2012-11-14). Retrieved on 2013-01-11.Executive Profile - Rajiv Bihari Lall Business Week (2012). Retrieved on 2013-01-11. His father K.B. Lall was a member of < ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vijay Mahajan
Vijay Mahajan is the Chief Executive Officer (CEO) of the Rajiv Gandhi Foundation and the Director of the Rajiv Gandhi Institute of Contemporary Studies. Mahajan was the founder of the BASIX Social Enterprise Group which is engaged in livelihood promotion and supported the livelihoods of over three million low income households in over 20 states in India and six developing countries. Mahajan founded PRADAN, a well-known Indian non-government organization (NGO), in 1982, and worked at PRADAN till the end of 1990. He established VikaSoko Development Exchange in 1991 jointly with his Woodrow Wilson School/Princeton classmates, Thomas Fisher, a British citizen and Geoffey Onegi-Obel, an Ugandan citizen, worked on social enterprises in India and East Africa. They ran VikaSoko till 1996, when Vijay established the first three entities of what later became the BASIX Social Enterprise Group. Early life Vijay Mahajan was born in India in October 1954. He attended the Indian Institute ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zia Mody
Zia Mody (born 19 July 1956) is an Indian corporate lawyer and businesswoman. Zia is the daughter of Soli Sorabjee, a former Attorney General of India. A founding partner of AZB & Partners, one of India's leading law firms, Zia is one of India's foremost corporate attorneys. She has been recognized for her contribution to the legal world, both in India and internationally. She has worked with G.E., Tata Group, Reliance Industries, Aditya Birla Group and the Vedanta Group. She also advises large private equity houses including KKR, Bain Capital and Warburg Pincus. She is ranked #1 in the most powerful women entrepreneurs by Fortune India in 2018 and 2019. Biography Mody's initial education was at Elphinstone College, Mumbai. She studied law at Selwyn College, Cambridge, followed by a master's degree from Harvard Law School in 1979. She passed the New York State Bar examination and qualified as an attorney in the State of New York. She worked for five years with Baker & ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chitra Ramakrishna
Chitra Ramkrishna (born 1963) is an Indian businesswoman and the former CEO of the National Stock Exchange (NSE). In March 2022, she was arrested by the Central Bureau of Investigation (CBI) for her involvement in the co-location scam. Career In 1985, she started as a chartered accountant, at the project finance division of the Industrial Development Bank of India (IDBI). Ramkrishna then spend two years at the Securities and Exchange Board of India (SEBI), after which she returned to IDBI. In April 2013, she succeeded Ravi Narain and became the managing director and CEO of NSE. Cases Co-location case In 2016, she was found guilty in a co-location case, and was asked by SEBI to disgorge 25 percent of the salary drawn for FY 2013-14, to the IPEF. She was also, prohibited from associating with a listed company or a market Infrastructure Institution or any other market intermediary for a period of five years. 'Himalayan Yogi' case In February 2022, the Securities and Ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
