Shri Sivasubramanian Ramann, IA&AS appointed as Chairman & Managing Director (CMD), Small Industries Development Bank of India (SIDBI)
MINISTRY OF FINANCE
(Department of Financial Services)
NOTIFICATION
New Delhi, the 7th April, 2021
S.O. 1583(E).—In exercise of the powers conferred by clause (a) of sub-section (1) of section 6 read with sub-section (2) of section 6 of the Small Industries Development Bank of India (SIDBI) Act, 1989 (39 of 1989), the Central Government hereby appoints Shri Sivasubramanian Ramann, IA&AS (1991) (D.O.B:25.02.1966) MD & CEO, National E-Governance Services Ltd. as Chairman & Managing Director (CMD), Small Industries Development Bank of India (SIDBI) on deputation basis, in the scale of pay of Rs. 2,05,400/-to Rs. 2,24,400/-(Level 16) for a period of 3 years from the date of his taking over charge of the post or until further orders, whichever is earlier.
[F. No.17/04/2020-IF-II]
LALIT KUMAR, Economic Adviser
- SC recommends action against Customs Officer who relied upon AI generated fake case laws
- Non- payment of cost imposed can’t trigger automatic confirmation of an invalid exparte assessment.
- Non-deduction of TDS does not make transaction as unexplained in the hands of deductee – ITAT
- Last date to submit MEF 2026-27 extended to 09.09.2026
- Validity of demand u/s 156 for default u/s 115-O, if assessment order u/s 143(3) has Nil demand
 of SIDBI){kind=link}