Usha Thorat, (born 20 February 1950) served as Deputy Governor of the

Reserve Bank of India The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible f ...

(RBI) ( India's central bank) from 10 November 2005 to 8 November 2010. Prior to this she was the executive Director of the RBI.

Early life

Thorat is an alumna of the

Lady Shri Ram College for Women Lady Shri Ram College for Women (LSR) is a constituent women's college, affiliated with the University of Delhi, and has a legacy in women's education. History Established in 1956 in New Delhi by the late Lala Shri Ram in memory of his wife ...

New Delhi New Delhi (, , ''Naī Dillī'') is the Capital city, capital of India and a part of the NCT Delhi, National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati B ...

and

Delhi School of Economics Delhi School of Economics (DSE), popularly referred to as "D School", is a Higher Educational Institution within the University of Delhi. The Delhi School of Economics is situated in University of Delhi's North Campus in Maurice Nagar. Establ ...

Career

Usha Thorat has been the Reserve Bank of India nominee on the boards of

Bank of Baroda Bank of Baroda (BOB or BoB) is an Indian public sector bank headquartered in Vadodara, Gujarat. It is the second largest public sector bank in India after State Bank of India, with 132 million customers, a total business of US$218 billion, an ...

Indian Overseas Bank Indian Overseas Bank (IOB) is an Indian public sector bank based in Chennai. It has about 3,214 domestic branches, about 4 foreign branches and representative office. Founded in February 1937 by M. Ct. M. Chidambaram Chettyar with twin objec ...

and the Securities Trading Corporation of India. She has been Executive Director of RBI since April 2004. As Deputy Governor she was responsible for the Department of Currency Management, Deposit Insurance and Credit Guarantee Corporation, Inspection Department, Premises Department, Rural Planning and Credit Department and Urban Banks Department. She has been one of the key players in the Indian Central Bank's efforts toward promoting

Financial Inclusion Financial inclusion is defined as the availability and equality of opportunities to access financial services. It refers to a process by which individuals and businesses can access appropriate, affordable, and timely financial products and service ...

References

External links

* * * * * *
Reserve Bank of India
20th-century Indian economists Indian women bankers Indian bankers Central bankers Delhi University alumni 1950 births Living people Delhi School of Economics alumni Lady Shri Ram College alumni Indian women economists 20th-century Indian women scientists 20th-century Indian scientists 21st-century Indian women scientists 21st-century Indian economists Scientists from Chennai Women scientists from Tamil Nadu Businesspeople from Chennai Businesswomen from Tamil Nadu 20th-century Indian businesswomen 20th-century Indian businesspeople 21st-century Indian businesswomen 21st-century Indian businesspeople {{Economist-stub