Ananth Narayan Gopalakrishnan, an associate professor at SP Jain Institute of Management and Research (SPJIMR), has been appointed a whole-time member of the Securities and Exchange Board of India (SEBI).
NPPA is an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers. It acts as an independent Regulator for pricing of drugs and to ensure availability and accessibility of medicines at affordable prices.
The Reserve Bank has imposed several restrictions, including on the withdrawal of funds, on three cooperative banks in view of their deteriorating financial condition.