Thursday, November 14, 2019,

Receivables Exchange of India Limited

Mr. Janki Ballabh

Mr. Janki Ballabh

Mr. Janki Ballabh Independent Director

Born on October 24, 1942, Shri Janki Ballabh passed his M.Com. from Agra University. He worked as Lecturer in the Department of Commerce in St. John's College, Agra and Shri Ram College of Commerce, New Delhi before joining State Bank of India in July, 1966. Shri Ballabh worked in several important positions at branches, Head Office and Corporate Centre of the Bank which included his postings at New York Branch of the Bank, Chief Executive Officer of the Bank's Branch at Singapore, Chief General Manager (Product Development, Marketing & Personal Banking) at the Corporate Centre and Dy. Managing Director & Group Executive (International Banking) before taking over as Chairman, State Bank Group, the nation's largest commercial and investment banking Group, with effect from November 1, 2000. Besides heading State Bank of India, Shri Ballabh was Chairman of seven Associate Banks of SBI, 4 banking subsidiaries of the Bank abroad and seven non-banking subsidiaries of the Bank in India. Shri Ballabh has worked on several Committees of the Government of India and Reserve Bank of India.

After his retirement from State Bank of India on October 31, 2002, Shri Ballabh was appointed by the President of India as Vigilance Commissioner in the Central Vigilance Commission, New Delhi for 3 years from November, 2002 to October, 2005. Shri Ballabh also worked as Chairman, Reserve Bank of India Services Board (November, 2005 to October, 2007), Member Appointment Board of the Ministry of Finance Govt. Of India for selection of Chairman and EDs of Public Sector Banks and Financial Institutions (2006 to 2008) and Chairman of the Advisory Board on Bank, Commercial and Financial Frauds (February, 2010 to January, 2012).