Tuesday, December 22, 2015

Important Financial Sector Regulators in India

1. Money Market – RBI (Reserve bank of India)
(Governor – Raghuram Rajan & Headquarter – Mumbai)
2. Capital Market – SEBI(Security Exchange Board of India)
(Chairmen – UK Sinha & Headquarter – Mumbai)
3. Insurance companies –IRDAI (Insurance regulatory Development authority of India)
(Chairmen – TS Vijayan & Headquarter – Hyderabad)
4. Commodity Market – FMC (Forward Market Commission)
(It is now being merged in SEBI) (Chairmen – Ramesh Abhishek & Headquarter – Mumbai)
5. Chit Funds – Respective State Governments
6. Merchant Banking companies – SEBI
7. Foreign Exchange or Forex Market – RBI
8. Housing Finance Companies – NHB (National Housing Bank)
(Chairmen Shri Ram Kalyanraman and Headquarter – New Delhi)
9. Venture Capital Fund – SEBI
10. Stock broking companies – SEBI
11. Nidhi Companies – Ministry of corporate affairs, Government of India
12. Cooperative banks and RRBs Regional Rural Banks (RRBs) – NABARD (National Bank for agriculture and Rural Development)
(Chairmen – Dr, Harsh Kumar Bhanwala and Headquarter – Mumbai)
13. Micro-Finance Regulatory Authority – NABARD
14. Algorithmic Trading – SEBI
15. Pension fund – PFRDA (Pension fund regulatory and Development authority)
(Chairmen – Hemant Contractor and Headquarter – New Delhi)
16. Credit Rating agencies – SEBI
17. Public health & Food Safety – FSSAI (Foods safety and Standards Authority of India)
(Chairperson – Ashish Bahuguna and Headquarter – New Delhi)
18. Telecommunication Business – TRAI (Telecom Regulatory Authority of India)
(Chairmen – Ram sewak Sharma and Headquarter – New Delhi )
19. Pharmaceuticals drugs in India – NPPA (National Pharmaceutical Pricing Authority)
20. Civil Aviation – DGCA (Directorate general of civil aviation)
21. Warehouses – WDRA (Warehousing Development and Regulatory Authority)
22. Financial Audit and Accounting Professions – ICAI (Institute of charted accounts in India)