Shyamala gopinath biography of christopher paul
Shyamala Gopinath
Indian banker
Shyamala Gopinath (born 20 June ) is Chairperson of HDFC Bank, India's largest lender by market capitalization.[1] Ms. Gopinath is a former deputy governor of the Reserve Bank of India (RBI), a position she served for seven years.[2]
She was actively involved in managing India's balance of payments crisis in that led to the first round of economic liberalization.
Making the returns of small saving schemes market-linked was one of the most significant recommendations made by the Shyamala Gopinath panel, constituted on July 8, [3] Finally, the Government of India in February [4] notified that instead of annual resetting of interest rates for the next financial year, the interest rates from now on will be reset every quarter based on the G-Sec yields of the previous quarter.
She had earlier assisted the second Narasimhan committee on banking sector reforms.
Shyamala gopinath biography of christopher jackson Why the CEO of a marketing company argues that clear messaging helps small businesses grow quickly. A new book shows how Nalanda Mahavihara contributed to the fields of ancient mathematics, astronomy. This under-representation at the high table impacts the well-being of half the population, especially when an emergency like the Covid pandemic strikes. In nearly 75 years, India has had only two women finance ministers, Indira Gandhi and Nirmala Sitharaman, of whom only one is a trained economist. In that same time frame, there has been only one woman finance secretary, Sushma Nath, and no woman governor of the Reserve Bank of India, though a few women rose to deputy governor.A Certified Associate of the Indian Institute of Banking and Finance (), she has completed master's degree in commerce from University of Mysore ().
Shyamala Gopinath was honored 'Lifetime Achievement Award' at the ETPrime Women Leadership Awards in [5]
Early life
During her school days, Shyamala Gopinath wanted to study Mathematics and become a Teacher.
However, her ambitions changed after selecting Commerce stream. Incidentally, she had opted Commerce as a subject to avoid studying History.[6] She was among the few women students to post-graduate in Commerce from University of Mysore in After her post-graduate degree, she had decided on a career in Commercial Banking and joined Bank of Baroda but at her father's insistence, she appeared for RBI competitive examination and even topped it.
Shyamala gopinath biography of christopher She was actively involved in managing India's balance of payments crisis in that led to the first round of economic liberalization. Making the returns of small saving schemes market-linked was one of the most significant recommendations made by the Shyamala Gopinath panel, constituted on July 8, She had earlier assisted the second Narasimhan committee on banking sector reforms. A Certified Associate of the Indian Institute of Banking and Finance , she has completed master's degree in commerce from University of Mysore During her school days, Shyamala Gopinath wanted to study Mathematics and become a Teacher.Career in RBI
Shyamala Gopinath joined the RBI as an officer in April [7] During , she rose through the ranks to become Chief General Manager in , a position she held until Starting June , she was on deputation [8] as Senior Financial Expert at IMF where she worked in the then Monetary Affairs and Exchange Department - Financial Institutions Division.
She was responsible for the Accompanying Document to the Guidelines on Foreign exchange reserve management detailing country practices. During July to September , as Executive Director [9] of RBI, she was responsible for the Bank Regulation and Supervision department till February , among others. She was elevated to the position of Deputy Governor[10] in September During her tenure, she was involved in reforms in forex regulations and market development.
She served in this position until June during which she handled various areas ranging from financial stability, debt management, and foreign exchange reserves management, to management of capital account, financial market regulation, supervision of non-banking finance companies, payments and settlements systems, RBI accounts and the RBI balance sheet.
Legacy
Gopinath was known to be a low profile and compassionate Deputy Governor of the RBI. Liquidity management and regulation was her forte and is known to have handled crises [11] including the Kargil conflict of , managing liquidity during the India Millennium Bond redemption in , and the bankruptcy of Lehman brothers in
Role as HDFC Bank Chairperson
With effect from January 2, , Shyamala Gopinath assumed charge as part-time Non-Executive Chairperson of HDFC Bank for a period of 3 years.[12][13] She is a member of Audit Committee (Chairperson), Nomination and Remuneration Committee, Risk Policy and Monitoring Committee, Customer Service Committee (Chairperson) and Fraud Monitoring Committee (Chairperson) at the bank.[14]
Other Important positions
- She served on the Boards of State Bank of India Exim bank and National Housing Bank as nominee of Reserve Bank of India during her stint as Deputy Governor, RBI.
- She is Chairperson of the Corporate Bonds and Securitization Advisory Committee of SEBI [15] since July
- She is a Non-Executive Independent Director [16] of Tata Elxsi Limited since August 18,
- She served as a Chairperson of the Advisory Board on Bank Commercial and Financial Frauds of the Central Vigilance Commission from March 26, [17] to March 26,
- She served as a Chairperson of the Clearing Corporation of India Limited[18] from July 25, to July 25,
- She served as a part-time Non Official Independent Director [19] of GAIL (India) Limited from February 29, to February 28,
- She served as an Independent Director [20] of E.I.D.Shyamala gopinath biography of christopher columbus Shyamala Gopinath is a businessperson who has been at the helm of 5 different companies. In the past Ms. Shyamala Gopinath received a graduate degree from the University of Mysore and an undergraduate degree from the University of Bangalore. The private company engages in providing prevention programs to avoid blindness and eye care services for the poor. Grassroots Trading Network for Women supports grassroots producers.
- Parry (India) Limited from January 30, to August 5,
- She served as an Independent Director [21] of Indian Oil Corporation Limited from March 29, to June 25,
- She served as an Independent Director [22] at National Stock Exchange of India Ltd., from January to February This raised the question of conflict of interest.[23]
- She was appointed as Independent Non-Executive on the Global Advisory Council of Ernst and Young in September
- She was appointed as Independent director on the Board of BASF India Limited in
- She is the Chairperson of Indian Institute of Management Raipur.
Speeches
Shyamala Gopinath has given speeches in international and domestic fora.
The topics range from approach to capital account management, centrality of banks in the financial system, macro prudential approach to regulation, over-the-counter derivative markets in India, pursuit of complete markets, changing dynamics of legal risks in the financial sector, technology in banks, retail payment systems and lessons for financial policy-making, among others.[citation needed]
Interests
Gopinath has often expressed her keen interest [24] in Carnatic Music, though she never aspired to be a singer.