REGULATORY BODIES INFORMATION IN INDIA
1 BANKING RESERVE BANK OF INDIA 1-APRIL-1935
(RBI)
NOTE: RBI WAS ESTABLISHED WITH THE RECOMMENDATION OF HILTON YOUNG COMMISSION THROUGH RBI ACT-1934
OTHER BANKING RELATED ACTS
------RBI ACT-1934
----- BANKING REGULATION ACT - 1949
CURRENT GOVERNOR OF RBI : PROF.RAGHURAM RAJAN
WEBSITE :WWW.RBI.ORG
2 INSURANCE INSURANCE REGULATORY 1994
DEVELOPMENT AUTHORITY
NOTE; IRDA WAS ESTABLISHED WITH THE RECOMMENDATION OF MALHOTRA COMMITTEE IN THE YEAR OF 1994, LATER IRDA BILL WAS PASSED IN THE PARLIAMENT AND EVOLVED AS STATUTORY BODY IN THE YEAR OF APRIL-2000.
OTHER INSURANCE RELATED ACTS
-----LIFE INSURANCE ACT-1912
-----GENERAL INSURANCE ACT-1972
-----INSURANCE ACT-1938
-----IRDA ACT-1999
CURRENT CHAIRMAN OF IRDA : T.S.VIJAYAN
WEBSITE: WWW.IRDA.GOV.IN
3 CAPITAL MARKET SECURITIES EXCHANGE 1988
BOARD OF INDI(SEBI)
NOTE: IT WAS ESTABLISHED IN THE YEAR OF 1988 BY GOVERNMENT OF INDIA AND GIVEN STATUTORY POWERS ON 12 THE APRIL 1992 THROUGH SEBI ACT-1992
OTHER CAPITAL MARKET RELATED ACTS
-----SEBI ACT-1992
----COMPANY ACT-1956
CURRENT CHAIRMAN OF SEBI:U.K.SINHA
WEBSITE: WWW.SEBI.GOV.IN
4 TELECOMMUNICATION TELECOM REGULATORY 20-FEB,1997
AUTHORITY OF INDIA(TRAI)
NOTE: IT WAS ESTABLISHED IN THE YEAR OF 1997 THROUGH PASSING BILL IN THE PARLIAMENT IN INDIA THROUGH TRAI ACT-1997
CURRENT CHAIRMAN OF TRAI: RAHUL KHULLAR
WEBSITE: WWW.TRAI.GOV.IN
5 COMMODITY FORWARD MARKET COMMISSION ACT 1953
(FMCA)
NOTE; IT WAS ESTABLISHED IN THE YEAR OF 1953 FOR CONTROLLING ALL COMMODITIES MARKET(FORWARD AND FUTURES)
CURRENT CHAIRMAN OF FMCA: B.C.KHAUTA
WEBSITE: WWW.FMCA.GOV.IN
