Shyamala gopinath biography channel
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Shyamala gopinath biography channel
Shyamala Gopinath
Indian banker
Shyamala Gopinath (born 20 June 1949) is Chairperson of HDFC Bank, India's largest lender by market capitalization.[1] Ms. Gopinath is a former deputy governor of the Reserve Bank of India (RBI), a position she served for seven years.[2]
She was actively involved in managing India's balance of payments crisis in 1991 that led to the first round of economic liberalization.
Making the returns of small saving schemes market-linked was one of the most significant recommendations made by the Shyamala Gopinath panel, constituted on July 8, 2010.[3] Finally, the Government of India in February 2016[4] notified that instead of annual resetting of interest rates for the next financial year, the interest rates from now on will be reset every quarter based on the G-Sec yields of the previous quarter.
She had earlier assisted the second Narasimhan committee on banking sector reforms.
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