Smt. Usha Thorat, Ex-DG has taken over as the Director of the CAFRAL on January 17, 2011. The Centre has been set up as a non-profit organization in the form of a Trust under the Indian Trusts Act as a centre of excellence for research and learning in the field of banking and finance with the objective to develop a valuable resource centre for research and capacity building for central bankers, regulators and senior management of banks in India and outside.
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