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Core Purpose

The Central Government appoints Shri Satish Kashinath Marathe to the Board of Directors of the National Bank for Agriculture and Rural Development (NABARD).

Detailed Summary

The Ministry of Finance, Department of Financial Services, issued Notification S.O. 3859(E) on 22nd August, 2025, announcing the appointment of Shri Satish Kashinath Marathe to the Board of Directors of the National Bank for Agriculture and Rural Development (NABARD). This appointment, made by the Central Government in consultation with the Reserve Bank of India (RBI), is exercised under the powers conferred by clause (c) of sub-section (1) of Section 6 of the National Bank for Agriculture and Rural Development Act, 1981 (61 of 1981). Shri Marathe, who is a Director on the Central Board of the Reserve Bank of India, is appointed for a period of three years from the date of the notification or until further orders, whichever occurs earlier. The notification references File No. 7/11/2018-AC and is signed by Ratnakar Jha, Under Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-22082025-265637 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 3754] NEW DELHI, FRIDAY, AUGUST 22, 2025/SHRAVANA 31, 1947 MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 22nd August, 2025 S.O. 3859(E). In exercise of the powers conferred by clause (c) of sub-section (1) of Section 6 of the National Bank for Agriculture and Rural Development Act, 1981 (61 of 1981), the Central Government, in consultation with the Reserve Bank of India, hereby appoints Shri Satish Kashinath Marathe, Director, Central Board of Reserve Bank of India (RBI) on the Board of Directors of National Bank for Agriculture and Rural Development (NABARD), for a period of three years, from the date of notification or until further orders, whichever is earlier. [F. No. 7/11/2018-AC] RATNAKAR JHA, Under Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. SARVESH KUMAR RUMAR SRIVASTAVA SRIVASTAVA Date: 2025 08.22 22:04:02 +05:30

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