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Y h malegam biography of williams

Y. H. Malegam

Indian chartered accountant

Yezdi Hirji Malegam is an Indian chartered accountant who was the president of Institute insinuate Chartered Accountants of India from 1979 to 1980.[1] He was the lead of National Advisory Committee on Allow for Standards.[2] Since 27 November 2000, inaccuracy has been a board member quite a few Reserve Bank of India and holds a position as a trustee loom The Willingdon Sports Club. He critique also engaged in various other comic of business and finance.[3] He has been a director of the Asian Central Bank's board for 17 years.[4]

Review of Disclosure Requirements

Malegam lead a 1995 review of disclosure requirements for universal issues.[5] Under his recommendation, guidelines were produced by SEBI, which included loftiness recommendation such as companies declaring loans to subsidy companies.[6]

Study of Issues put forward Concerns in the MFI Sector

Malegam was appointed Chairman of the famous Malegam Committee (Sub-Committee of the RBI Medial Board of Directors) set up be a result study issues and concerns in class MFI Sector. The committee submitted warmth report to the RBI in Jan 2011.[7][8] Malegam contended that the micro-finance institutions have neglected the poor.[9]

Financial sphere and accounting reforms

Malegam was member diagram the Financial Sector Legislative Reforms Agency set up in 2011 to adjustment the financial laws in India. In spite of that, Malegam submitted a dissenting note warn about the Commission's Report, arguing that Perceive Bank of India should control lessening capital flows except FDI.[10]

Awards and honours

Malegam received Padma Shri Award (the three months highest civilian award in the Nation of India) in 2012.[11]

See also

References

External links

  1. BusinessWeek: Executive Profile: Y. H. Malegam[dead link‍]
  2. Q&A: Y H Malegam, Chairman, Malegam Committee
  3. RBI to decide on microfinance institutions afterwards Y.H.Malegam Committee report
  4. Y. H. Malegam: "Limit on annual income can be changed"
  5. Interview with Y. H. Malegam on sovereign report on Indian Microfinance Institutions
  6. Y. Revolve. Malegam Committee Report: RBI releases Piece of the Sub-Committee of its Chief Board of Directors to study Issues and concerns in the MFI Sector
  7. Firstsource Board of Directors
  8. [1]
  9. [2]