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01Starting Page.Pmd Report of the Central Board of Directors on the working of the Reserve Bank of India for the year ended June 30, 2011 submitted to the Central Government in terms of Section 53(2) of the Reserve Bank of India Act, 1934 RESERVE BANK OF INDIA ANNUAL REPORT 2010-2011 CENTRAL BOARD / LOCAL BOARDS GOVERNOR D. Subbarao DEPUTY GOVERNORS MEMBERS OF LOCAL BOARDS Shyamala Gopinath1 Usha Thorat2 K.C. Chakrabarty WESTERN AREA Subir Gokarn Y.H. Malegam Anand Sinha3 K. Venkatesan H. R. Khan4 Dattaraj V. Salgaocar Jayantilal B. Patel DIRECTORS NOMINATED UNDER SECTION 8 (1) (b) OF THE RBI ACT, 1934 EASTERN AREA Y.H. Malegam Suresh D. Tendulkar5 Suresh D. Tendulkar5 A. K. Saikia U.R. Rao Sovan Kanungo Lakshmi Chand Md. Sohrab9 DIRECTORS NOMINATED UNDER SECTION 8 (1) (c) OF THE RBI ACT, 1934 NORTHERN AREA H. P. Ranina Mitha Lal Mehta10 Azim Premji U.R. Rao Kumar Mangalam Birla Ram Nath Shashi Rajagopalan6 Pritam Singh Suresh Neotia Kamal Kishore Gupta11 A. Vaidyanathan Mihir Kumar Moitra12 M. M. Sharma Sanjay Labroo SOUTHERN AREA DIRECTOR NOMINATED UNDER Lakshmi Chand SECTION 8 (1) (d) OF THE RBI ACT, 1934 C. P. Nair Ashok Chawla7 M. Govinda Rao R Gopalan 8 Devaki Jain 1 Term expired on June 20, 2011 7 Retired on January 31, 2011 2 Term expired on November 9, 2010 8 Appointed on February 15, 2011 3 Assumed office on January 19, 2011 9 Ceased to be in Office w.e.f. May 13, 2011 4 Assumed office on July 4, 2011 10 Term ended on September 23, 2010 5 Expired on June 21, 2011 11 Appointed on August 26, 2010 6 Expired on August 5, 2011 12 Appointed on September 24, 2010 Position for the year 2010-11 (updated till August 11, 2011) PRINCIPAL OFFICERS (As on August 11, 2011) EXECUTIVE DIRECTORS ............................................................... V.K. Sharma ............................................................... V.S. Das ............................................................... G. Gopalakrishna ............................................................... Deepak Mohanty ............................................................... S. Karuppasamy ............................................................... R. Gandhi ............................................................... P. Vijaya Bhaskar ............................................................... B. Mahapatra ............................................................... G. Padmanabhan CENTRAL OFFICE Customer Service Department ............................................................ Rajesh Verma, Chief General Manager Department of Banking Operations and Development ....................... Deepak Singhal, Chief General Manager-in-Charge Department of Banking Supervision ................................................... G. Jaganmohan Rao, Chief General Manager-in-Charge Department of Communication ........................................................... A.I. Killawala, Press Relations Officer (Gr. F) Department of Currency Management ................................................ N. Krishna Mohan, Chief General Manager Department of Economic and Policy Research .................................. B.M. Misra, Officer-in-Charge Department of Expenditure and Budgetary Control ............................ Deepa Srivastava, Chief General Manager Department of External Investments and Operations ......................... M. S. Deb, Chief General Manager Department of Government and Bank Accounts ................................ A.K. Bera, Chief General Manager-in-Charge Department of Information Technology ............................................... A.S. Ramasastri, Chief General Manager Department of Non-Banking Supervision ............................................ Uma Subramaniam, Chief General Manager-in-Charge Department of Payment and Settlement Systems ............................. Vijay Chugh, Chief General Manager Department of Statistics and Information Management ..................... A.B. Chakraborty, Officer-in-Charge Financial Markets Department ............................................................ G. Mahalingam, Chief General Manager Financial Stability Unit ......................................................................... Rabi N. Mishra, Chief General Manager Foreign Exchange Department ........................................................... Meena Hemchandra, Chief General Manager-in-Charge Human Resource Management Department ...................................... Sandip Ghose, Chief General Manager-in-Charge Inspection Department ........................................................................ Karuna Sagar, Chief General Manager Internal Debt Management Department .............................................. K.K. Vohra , Chief General Manager Legal Department ................................................................................ G.S. Hegde, Principal Legal Adviser Monetary Policy Department ............................................................... Janak Raj, Adviser-in-Charge Premises Department .......................................................................... K.R. Ananda, Chief General Manager Rajbhasha Department ....................................................................... Ramakant K. Gupta, Deputy General Manager Rural Planning and Credit Department ............................................... Deepali Pant Joshi, Chief General Manager-in-Charge Secretary’s Department ....................................................................... Grace E. Koshie, Chief General Manager & Secretary Urban Banks Department .................................................................... A. Udgata, Chief General Manager-in-Charge CHIEF VIGILANCE OFFICER ............................................................ Kaza Sudhakar COLLEGES PRINCIPALS College of Agricultural Banking, Pune ................................................. Kamala Rajan Reserve Bank Staff College, Chennai ................................................. J. Sadakkadulla OFFICES REGIONAL DIRECTORS Chennai ............................................................................................... N.S. Vishwanathan Kolkata ................................................................................................. Salim Gangadharan Mumbai ................................................................................................ J.B. Bhoria New Delhi ............................................................................................ Chandan Sinha BRANCHES Ahmedabad ......................................................................................... Sudarshan Sen Bangalore ............................................................................................ Uma Shankar Bhopal .................................................................................................. P.K. Panda Bhubaneswar ....................................................................................... B.K. Bhoi Chandigarh .......................................................................................... Jasbir Singh Guwahati .............................................................................................. Surekha Marandi Hyderabad ........................................................................................... A.S. Rao Jaipur ................................................................................................... B.P. Kanungo Jammu ................................................................................................. K.K. Saraf Kanpur ................................................................................................. Bazil Shaikh Lucknow ............................................................................................... Amarendra Sahoo Nagpur ................................................................................................. Phulan Kumar Patna ................................................................................................... M.K. Singh Thiruvananthapuram ........................................................................... Suma Varma ............................................................................................................. OFFICERS-IN-CHARGE Agartala ............................................................................................... A.K. Pandey, General Manager Belapur ................................................................................................ S. Bhatnagar, General Manager Dehradun ............................................................................................. V.S. Bajwa, General Manager Gangtok ............................................................................................... E.E. Karthak, General Manager Kochi .................................................................................................... C.V. George, General Manager Panaji ................................................................................................... M.A.R. Prabhu, General Manager Raipur .................................................................................................. Nirmal Chand, General Manager Ranchi .................................................................................................. H.N. Panda, General Manager Shimla .................................................................................................. R. Gurumurthy, General Manager Srinagar ............................................................................................... D.P. Sharma,
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