This notification, S.O. 3859(E), issued by the Ministry of Finance, Department of Financial Services, on August 22, 2025, announces the appointment of Shri Satish Kashinath Marathe as a Director on 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 based on the powers conferred by clause (c) of subsection (1) of Section 6 of the National Bank for Agriculture and Rural Development Act, 1981 (61 of 1981). Shri Marathe, who is currently a Director on the Central Board of the Reserve Bank of India (RBI), will serve for a term of three years from the date of the notification or until further orders, whichever is earlier. The notification was issued under F. No. 7/11/2018-AC and signed by Ratnakar Jha, Under Secretary.
Key Entities Referenced
Ministry of Finance: A department of the Government of India responsible for financial matters.
Department of Financial Services: A department under the Ministry of Finance.
National Bank for Agriculture and Rural Development: A development finance institution in India, abbreviated as NABARD.
National Bank for Agriculture and Rural Development Act, 1981: The Act of Parliament that established NABARD.
Reserve Bank of India: The central bank of India.
Satish Kashinath Marathe: Appointed as Director on the Board of Directors of NABARD.
New Delhi: The location where the notification was issued. New Delhi, NCT of Delhi, India.
Ring Road, Mayapuri, New Delhi110064: Location of the Government of India Press.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-22082025-265637
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CG-DLxx-ExG-I2D2E0x8x2x0 25-265637
असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 3754] नई दिल्ली, िुक्रिार, अगस्ट्त 22, 2025/श्रािण 31, 1947
No. 3754] NEW DELHI, FRIDAY, AUGUST 22, 2025/SHRAVANA 31, 1947
जित्त मत्रं ालय
(जित्तीय सिे ाए ं जिभाग)
अजधसचू ना
नई दिल्ली, 22 अगस्ट् त, 2025
का.आ. 3859(अ).— राष्ट्रीय कृजि और ग्रामीण जिकास बैंक अजधजनयम, 1981 (1981 का 61) की धारा धारा 6
की उप-धारा (1) के खंड (ग) द्वारा प्रित्त िजियों का प्रयोग करते हुए, केन्द्रीय सरकार, भारतीय ररििव बैंक के परामिव से,
एतद्द्वारा, भारतीय ररििव बैंक के केन्द्रीय बोडव में जनिेिक श्री सतीि कािीनाथ मराठे को अजधसूचना की तारीख से तीन िि व
की अिजध के जलए अथिा अगले आिेिों तक, िो भी पहले हो, राष्ट्रीय कृजि और ग्रामीण जिकास बैंक (नाबाडव) के जनिेिक
मंडल में जनयिु करती ह।ै
[फा. स. ं 7/11/2018-एसी]
रत् नाकर झा, अिर सजचि
5620 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
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.