M.R. Umarji, Indian Institute of Banking and Finance

M.R.Umarji-Mr. Madhukar R Umarji was Chief Advisor � Legal of the Indian Banks� Association for the last twelve years and has rich experience in banking and other financial sector related laws. A post-graduate in Law from Bombay University, Mr. Umarji represents a unique combination of experience as Legal Adviser of Banks (Bank of Baroda and Dena Bank), operational banker (Dena Bank and Corporation Bank) and a Central Banker as Executive Director, Department of Non-Banking Supervision, Reserve Bank of India. He has been actively involved in the process of financial and banking sector reforms in India undertaken by the Ministry of Finance and has represented the banking industry on various Committees and Working Groups set up by the Government and RBI, including Dr. J J Irani Committee on Reforms in Company Law. He was also member of the Bankruptcy Law Reforms Committee and Task Force for setting up Resolution Corporation. He was involved with the United Nations Commission on International Trade Law in preparation of Legislative Guide on Model Law for Secured Transactions, as a delegate from India and also UNIDROIT in preparation of Model Law on Lease of Movables. Sixth Edition of his book on SARFAESI Act has been published last year.

Indian Institute of Banking & Finance-Established in 1928 as a Company under Section 25 of the Indian Companies Act, 1913, the Indian Institute of Banking & Finance (IIBF), formerly known as The Indian Institute of Bankers (IIB), is a professional body of Banks, Financial Institutions, and their employees in India. The Institute is managed by a Governing Council consisting of representatives of major Banks, Reserve Bank of India, Indian Banks� Association, Institute of Banking Personnel Selection and an academician from the Indian Institute of Technology, Bombay. During its 93 years of service, IIBF has emerged as a premier institute in Banking and Finance education for those employed as well as seeking employment in the sector and aiming for professional excellence. Since its inception, the Institute has awarded several Banking and Finance qualifications, viz., JAIIB, CAIIB, Diploma and Certificates, covering diverse and contemporary subjects in the Banking & Finance domains. Moreover, IIBF is the only Institute that offers all the courses mandated by the Reserve Bank of India for capacity building in banks. In addition, the contemporary courses and training programmes have helped the industry professionals to sustain their professionalism through Continuing Professional Development Programmes. IIBF offers a bouquet of courses on Banking & Finance to meet the needs and aspirations of the banking & finance personnel and to students aspiring for a career in the banking & finance sector.

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