Name |
Date/Year |
Committee/ Establishment Act |
RBI (Reserve Bank of India) |
1st April 1935 |
Hilton Young Committee/RBI Act 1934 |
SBI (State Bank of India) |
1st July 1955 |
State Bank of India Act, 1954 |
IDBI (Industrial Development Bank Of India) |
1964 |
|
NABARD (National Bank for Agriculture & Rural Development) |
12th July 1982 |
Shivaraman Committee |
RRB (Regional Rural Bank) |
1975 |
RRB Act 1976 |
SIDBI (Small Industries Development Bank of India) |
2nd April 1990 |
|
NHB (National Housing Bank) |
9th July 1988 |
|
EXIM Bank (Export & Import Bank of India) |
1st Jan 1982 |
|
Banking Ombudsman Scheme |
14th June 1995 |
|
IRDA (Insurance Regulatory & Development Authority) |
April 2000 |
Malhotra Committee Recommendations 1999 |
SEBI (Securities & Exchange Board of India) |
12th April 1992 |
SEBI Act, 1992 |
PFRDA (Pension Fund Regulatory & Development Authority) |
23rd Aug 2003 |
|
Nationalization of Banks |
|
|
BCSBI (Banking Codes & Standards Board of India) |
April 2005 |
|
CAPART (Council for Advancement of People’s Action & Rural Technology) |
1st Sep 1986 |
|
FIPB (Foreign Investment Promotion Board) |
|
Works under Ministry of Finance, GOI |
First Finance Commission |
20th Nov 1951 |
Chairman – K C Neogy |
ECGC (Export Credit Guarantee Corporation) |
30th July 1957 |
Old name was – Export Risk Insurance Corporation (ERIC) |
IFCI (Industrial Finance Corporation of India) |
1st July 1948 |
|
UTI (Unit Trust of India) |
1963 |
|
DICGC (Deposit Insurance & Credit Guarantee Corporation) |
15th July 1978 |
Chairman – Subir Gokurn |
Repco Bank |
1969 |
For rehabilitating repatriates from Sri Lanka and Myanmar (Burma) |