Nationality Indian Name Harun Khan Occupation Banker | Children Sara (daughter) Spouse(s) Rosy | |
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Known for Deputy Governor of Reserve Bank of India Education Utkal University, Jawaharlal Nehru University, Delhi | ||
CBI questions former RBI deputy governor Harun Rashid Khan in PNB scam
Harun Rashid Khan, popularly known as H R Khan, was a Deputy Governor of Reserve Bank of India for a five-year term between 2011 and 2016 Considered approachable and open to reasoning, Khan has made seminal contribution to India's banking and finance system in the field of rural credit, financial inclusion, internal debt management, external investment and exchange control. He was appointed as Deputy Governor in July 2011. He has also been an Executive Director of RBI and Director of NABARD.
Contents
- CBI questions former RBI deputy governor Harun Rashid Khan in PNB scam
- Early life and education
- Career in RBI
- Outstanding achievement
- Personal life
- Important assignments
- Speeches Writings
- References
Early life and education
H R Khan had his early schooling at Badagada Highschool in Bhubaneswar. He was a brilliant student. Although he studied in the vernacular medium, he regularly won first prizes at State level debate and elocution contests in English, and was a multiple winner of the Governor's Cup for elocution.
Khan obtained his Master's degree in Political Science from Utkal University. Later he obtained Master of Philosophy degree from the School of International Studies of Jawaharlal Nehru University.
Career in RBI
Khan joined Reserve Bank of India in 1978. He rapidly rose through the ranks, working in diverse areas, and became the Principal of RBI's College of Agricultural Banking (CAB) at Pune, before getting appointed as the Regional Director of RBI, New Delhi.
Between 2007 and 2008, Khan was the Director of Bank of Maharashtra and Punjab and Sind Bank
He was elevated to the position of Executive Director of RBI on 26 October 2007. He was appointed as Deputy Governor on 4 July 2011.
Outstanding achievement
Khan was the Chairman of the RBI Internal Group on Rural Credit and Microfinance, which is popularly known as the Khan Committee. Based on the recommendations of the Khan Committee, RBI prepared guidelines for expansion of the banking outreach through the Business Facilitator and Business Correspondent models with ICT support, which revolutionized the spread of financial inclusion in India.
Towards the end of his career, Khan chaired the "Working Group on Development of Corporate Bond Market in India". Its report, also popularly referred to as "Khan Committee Report" considered various structural issues impinging on the development of a deep corporate bond market in India.
Personal life
Khan is married to Rosy and has a daughter named Sara. Khan is a strict vegetarian, while all other members in his family are non-vegetarian. This habit has won him the epithet of Vegetarian Khan.