Categories: Appointments

NABARD named Shri Shaji KV as Chairman

K V Shaji has been named Chairman of the National Bank for Agriculture and Rural Development (NABARD). He formerly served as NABARD’s Deputy Managing Director (DMD) till May 21, 2020. He is an agricultural graduate with a PGDM in Public Policy from the Indian Institute of Management (IIM) in Ahmedabad.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Prior to joining NABARD:

  • He spent 26 years in various roles at Canara Bank. In Canara Bank’s corporate office, he was in charge of strategy, planning, and business development. He also played a role in the merger of Syndicate Bank and Canara Bank.
  • He previously worked for the National Payments Corporation of India (NPCI) and Kerala Gramin Bank, the country’s largest regional rural bank. From 2013 until 2017, he served as the Chairman of Kerala Grameen Bank. Shaji KV is a Thiruvananthapuram native.

About the NABARD:

National Bank for Agriculture and Rural Development (NABARD) is an apex regulatory body for overall regulation of regional rural banks and apex cooperative banks in India. It is under the jurisdiction of Ministry of Finance, Government of India. The bank has been entrusted with “matters concerning policy, planning, and operations in the field of credit for agriculture and other economic activities in rural areas in India”. NABARD is active in developing and implementing financial inclusion.

Who is the founder of NABARD?

Indira Gandhi on 05 November 1982. Set up with an initial capital of Rs.100 crore, its’ paid up capital stood at Rs.17,080 crore as on 31 March 2022.

 

 

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

UCC Bill Gets Assam Cabinet Nod Along with Development Measures

The State government of Assam has approved the Uniform Civil Code (UCC) Bill. Along side…

37 minutes ago

RBI Cancels Sarvodaya Co-operative Bank Licence with Immediate Effect

The Reserve Bank of India (RBI) has cancelled the license of Sarvodaya Co-operative Bank Ltd.…

1 hour ago

V. D. Satheesan Named Kerala’s Next Chief Minister by Indian National Congress

The Indian National Congress (INC) has announced VD Satheesan as Kerala's next Chief Minister. With…

2 hours ago

Yoweri Museveni Sworn In for Seventh Term as Uganda President

Uganda's President Yoweri Museveni has created the landmark milestone as he has been sworn in…

3 hours ago

Piyush Goyal Announces Export Growth Plan at LEAPS 2025 Awards

To achieve the most ambitious target of $1 trillion export target of India, Commerce and…

3 hours ago

India Imposes Immediate Ban on Sugar Exports Until September 2026

India has imposed an immediate ban on the exports of sugars until September 30, 2026.…

4 hours ago