IMPORTANT DAYS AND YEARS IN BANKING AWARENESS (AIMBANKER) | @creators
IMPORTANT DAYS AND YEARS IN BANKING AWARENESS (AIMBANKER)
》Reserve Bank of India RBI Established on 1st April 1935 on the recommendations of Hilton Young Commission/ Royal Commission on Indian Currency & Finance
》Reserve Bank of India RBI Headquarter shifted from Kolkata to Mumbai in 1937
Reserve Bank of India RBI Nationalised on 1st January 1949
》Banking Regulation Act, 1949
》State Bank of India SBI Act, 1955
》The Companies Act, 1956
》State Bank Of India (Subsidiary Banks) Act, 1959
》Deposit Insurance and Credit Guarantee Corporation DICGC Act, 1961
》14 Banks were Nationalised on 19th July 1969 (Prime Minister - Indira Gandhi, RBI Governor - L.K.Jha)
》Lead Bank Scheme 1969
》Regional Rural Banks RRBs established on 2nd October 1975 on the recommendations of Narasimhan Committee
》Regional Rural Banks RRB Act, 1976
》Deposit Insurance and Credit Guarantee Corporation (DICGC), a wholly owned subsidiary of RBI established on 15 July 1978
》6 Banks were Nationalised on 15 April 1980 (Prime Minister - Indira Gandhi, RBI Governor - I. G. Patel)
》National Bank for Agriculture and Rural Development NABARD established on 12th July 1982 on the recommendations of Shivaraman Committee. It regulates RRBs & Cooperative Banks.
》National Bank for Agriculture and Rural Development NABARD Act, 1981
》National Housing Bank NHB, a wholly owned subsidiary of RBI established on 9 July 1988 (It regulates Housing Finance Companies)
》National Housing Bank Act, 1987
》Small Industries Development Bank of India SIDBI set up on 2nd April 1990 (One of the top 30 Development Banks of the World )
》Small Industries Development Bank of India SIDBI Act, 1989
》Securities and Exchange Board of India SEBI was established in 1988, became an autonomous body by The Government of India on 12 April 1992 and given statutory powers in 1992.
》Securities and Exchange Board of India SEBI Act, 1992
》Banking Ombudsman Scheme 2006
》Micro, Small & Medium Enterprises Development Act, 2006
》Micro Units Development and Refinance
》Agency Bank (MUDRA Bank) launched on 8 April 2015
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