Rajnikant Patel BSE – Creating a better economic future of the country!

The name that every single individual from finance industry of India can recognize in a single go, Rajnikant Patel BSE is truly a gem for this country. In his long 33 years career, he has worked relentlessly the most prestigious banks as well as finance institutes in India.

Starting his career as a mere clerk in the Bank of Maharashtra, he gradually grew his career step by step. First as an officer in the State of Saurashtra and then as Assistant General Manager in the Reserve Bank of India. For more than 14 years from 1984 to 1997, Rajnikant Patel has been a renowned name.

However, it was later during 1997 to 2001 that Rajnikant left the banking sector. He entered the Audit and Inspection department of BNP Paribas. This was a turning point in his career. What he had learned in banks finally came into use as he became the Chief Executive Officer and Managing Director of Bombay Stock Exchange.

Contribution in the Bombay Stock Exchange:

Rajnikant Patel BSE has been best known for his contributions to the development and betterment of Bombay Stock Exchange or BSE. He converted into a Limited Company under the Govt. of India Corporatization and Demutualization of Stock Exchanges Scheme for better operation. Regardless to mention, this was a bold step for Patel and BSE, as BSE was the first exchange in the country to undergo this change.

While working in BSE, Patel worked with SEBI and Ministry of Finance. It was he, who had introduced and implemented the Real Time Online Surveillance system into BSE for the customers’ benefit. His remarkable contribution brought him –

• Gold Medal from Institute of Chartered Accountants of India, ICAI for 2 consecutive years. He received it for the best annual report.
• Business Superbrand Award.
• Golden Peacock Award for Corporate Governance for BSE.

Life post BSE:

After leaving BSE, Patel worked for Reliance Spot and Reliance Exchange Next from the year 2008 to 2010. Not only this, but he also continued to implement his innovative ideas to Indian Commodity Exchange. There he worked as the CEO and Managing Director from 2010 to 2013.

Training the Youth:

While working with BSE, Rajnikant Patel realized that the country required skilled and professional individuals. Only they can handle the finance and economic sectors well. Therefore, he –

• Launched the first full-time MBA program from the NM University for Capital Markets
• Upgraded BSE Training Institute into an International Capital Market Institute from a mere broker training institute.

Rajnikant Patel BSE is now working as the regular and guest faculty for many of the prestigious institutes and universities, imparting his knowledge. The knowledge that he has received in his 33 years of career and experience is truly beneficial for the aspiring finance executives of future India. As a regular faculty and trainer for Independent Directors Certification Program, he has been quite active. If the country gets some more professionals like Rajnikant Patel, its economic infrastructure will be beautifully upgraded to meet global standards.

Rajnikant Patel BSE – All-in-one Banker and Finance Advisor

Very few people in the world are blessed with skill, knowledge and talent to execute their capabilities for a successful life. Rajnikant Patel BSE is one of those. A renowned banker, leader, corporate strategy advisor and a trader, he has successfully handled every role in his life.

It is not sheer luck that has been the reason behind such a popularity of Patel in the financial sector. Hard-work, proper academic training and years of experience have been instrumental in Patel’s success. He has dedicated his entire life for the betterment of the financial services in the country.

To mention a few of his phenomenal works, Reserve Bank of India, Bombay Stock Exchange and Indian Commodity Exchange need special mentions. Not just as a mere banker, but Patel has contributed in all these sectors as a leader.

Reliance Exchange Next and Reliance Spot Exchange:

Along with the financial services and iron ores futures, the agricultural sector also received innovative ideas and developments during the years 2008 to 2010. Patel introduced and set up a trading and marketing company for agricultural products. This has been extremely beneficial for the farmers, intermediaries and the Agricultural market to maintain transparency.

Not just the agricultural sector, but as a CEO and President of Reliance Exchange Next and Reliance Spot Exchange, Patel also introduced online trading and auctioning systems for architecture.

The Indian Commodity Exchange:

Patel continued to contribute his innovative e ideas for the Indian Commodity Exchange. It was his initiative that the Iron Ores Futures contract was introduced in India. It was during this time that he joined the Dalmia Institute of Management Studies under the Mumbai University as a faculty. Patel launched a commodity market module for the first time in the MBA degree program under this university.

Bombay Stock Exchange:

He has successfully managed to take control of the BSE from the year from 2001 to 2008. As the CEO or Chief Executive Officer and Managing Director of the company, Rajnikant Patel made BSE a limited company in the year 2005. Since then, BSE has been an independent corporate identity. It was the first time that an Indian exchange became a limited company under the Govt. of India Corporatization and Demutualization of Stock Exchanges Scheme.

Not just that, Rajnikant Patel BSE also –

* Launched two new websites for BSE in Hindi and Guajarati language in the year 2006
* Made BSE and ISO Certified Company
* Integrated Real Time Online Surveillance system.

Awards for the Leader and Innovator:

Rajnikant Patel has successfully handled so many of his professional duties. This has brought him numerous awards his way. To name a few –

* Indira Super Achiever Award
* India’s Greatest HR Professionals
* Brand Guardian for Business Superbrand – BSE
* Distinguished Fellow – Institute of Directors, London
* Employer Branding Award
* HR Excellence Award – CEO with HR Orientation
* IT People Award for Innovation.

It is indeed a great opportunity for the upcoming finance professionals, who have got the chance to work with or under Rajnikant Patel BSE. Such a great leader is a blessing to the Indian finance industry.

Rajnikant Patel BSE – Expertise in the Stock Exchanges

Rajnikant Patel has made a greater contribution in the Bombay Stock Exchanges. He has joined as a director of Bombay stock exchange under the department of surveillance and inspection in the year 2001. He had a lot of promotions within this stock exchange firm due to his consistent and dedicated hard work. Bombay stock exchange which plays a vital role in the economy of the country should be handles in a wise manner for optimum growth. This firm brings about considerable revenues to the country. This firm maintains a smooth relationship between the public and the entrepreneurs.

Career with BSE

Initially he has joined as a Director in the surveillance and inspection department in the year 2001 and later got promoted as a chief operating officer in the year 2003. In this cadre he has made a lot of innovative and creative procedures while carrying out the operations of Bombay Stock Exchange. Apart from the chief operating officer he was also given another responsibility added to this was a chief financial officer. Rajnikant Patel BSE was able to provide best service for both the positions without any compromises. Being an operating and financial officer he was able to co ordinate the process in an effective manner.

After a year he was again promoted as a Executive Director and CEO of the Bombay Stock Exchange in the year 2004 September. Rajnikant Patel brought about remarkable changes in the processing of stocks and handled critical situation in a wise manner to obtain best results. He had a clear vision about the process involved in the stock exchange firm and this has led him to work hard to achieve the goal of this firm. After the corporatization of the Bombay Stock Exchange he was promoted as a Managing Director and CEO of BSE.

Rajnikant Patel’s consistent hard work has led him to reach greater heights in the financial sector. Initially he has started his career as a clerk but rose to a highest cadre in the Bombay Stock Exchange due to his dedicated hard work.

Responsible CEO of BSE

Being a CEO of Bombay stock exchange he was aware about his responsibilities and tackled the obstacles on the path of progressive growth of stocks with wise actions. Rajnikant Patel was a sincere hardworking man and strived hard to bring about awareness related to stocks in the public. He has brought about various innovative ideas to frame an optimum working process. His friendly nature with his fellow staffs has made him to restructure the normal working procedure into a constructive one. He used to kindle his staffs with encouragement and makes them to complete the work without any compromises in quality. His fellow staffs were one of the reasons for him to reach greater heights because most of his ideas came into practice by the consistent efforts of the colleagues. Rajnikant Patel was a professional man with friendly attitude in life served as a key factor in his successful career.

The Numerous Executive Skills of Rajnikant Patel BSE

Rajnikant Patel BSE has more than 30 years of executive experience in the finance services sector in India. He is, after all, the former head honcho of the Indian Commodity Exchange, the fourth-largest of its kind in India; the Bombay Stock Exchange, the country’s premier stock exchange; and the Reliance Exchange Next & Reliance Spot Exchange, among the country’s most notable companies of its kind.  He also has banking experience from his time as clerk at the Bank of Maharashtra to his tenure as assistant general manager at the Reserve Bank of India and as Deputy Head of the Inspection and Audit unit at BNP Paribas.

Of course, he will not be the successful executive that he is without the appropriate education. He has several certifications and titles under his belt including Certificate in Banking in Hindi, Certificate in Treasury & Forex Management, Certified Internal Auditor, Chartered Business Administrator, and Certified Financial Consultant. Rajnikant Patel has definitely been busy in his career!

Along the way, he has acquired the knowledge and skills that continue to make him a successful advisor on corporate strategy to many of India’s top companies. Let’s take a look at his numerous executive skills that make Rajnikant Patel BSE a continuing success in his competitive profession.

Deep Understanding of Relationships in the Finance Sector

As any executive in the finance sector can attest, we don’t live in isolated industries.  Instead, we live in an interconnected society where two apparently different (i.e., non-connected) sectors have an impact on each other. This is true in the finance sector, too, where its numerous components have a direct or indirect component on the others.

Rajnikant Patel distinguishes himself from the rest of his peers and colleagues because of his deep understanding and unique insights into the complex relationships in the finance sector. He doesn’t just see one side of the equation, so to speak, but he sees as many sides as possible before arriving at a decisive decision.

Effective Leadership of People and Organizations  

He has also developed his own brand of effective, efficient and charismatic leadership in his climb up the corporate ladder, from his days as a bank clerk and cashier to his days as a chief executive officer. His leadership skills has been recognized by his subordinates and peers, as well as by industry organizations, as is evidenced by the numerous awards he and his organizations have received.

He has the knowledge and skills to lead people and organizations through the challenging regulatory environments in India so that both become stronger, as well as with more focus on sustainable growth and regulatory compliance.  He can also guide organizations in the visualization, planning and execution, as well as evaluation and enhancement of projects.

If you’re looking for the best corporate strategy advisor, call Rajnikant Patel BSE and benefit from his 33 years of executive experience!

Rajnikant Patel BSE has excellent risk taking abilities

They always say that it is easy to reach the top but difficult to maintain the position for a long time. Rajnikant Patel BSE has proved this statement wrong on many an occasion. Starting his career as a humble clerk in Bank of Maharashtra, his rise to the pole position in the Bombay Stock Exchange is the stuff of dreams. In spite of holding a degree in law, he had set his minds on a financial career. Maybe, his Gujarathi genes are the reason for the same. He belongs to the Patel community, an influential community from Gujarat. Business is in his blood. Risk taking is nothing new for people of this community. They have the capacity to withstand shocks as well. These exemplary qualities have always been on view in Rajnikant Patel’s career throughout his life.

You cannot expect people of this community to lead ordinary lives as clerks. Hence, he jumped at the opportunity when it presented itself. After a very short stint in the State Bank of Saurashtra as an officer, he joined the Reserve Bank of India. This proved to be the turning point of his career. He had a decent run in various positions in the apex bank of the country. Having a penchant for automation throughout his life, he was instrumental in the automation of various processes in the RBI. He held important positions in the bank such as ‘In charge of the repayment of the Special Bearer Bond 1991, the Prosecution officer for the RBI, etc. He had an extensive run in the clearing department of the bank. Having risen to the post of Assistant General Manager of the Bank he resigned in 1991 and joined the BNP Paribas as Deputy Head of the Inspection and Audit Systems. He had a small stint in this bank when you compare it with the RBI. Nevertheless, this was an important stint in many ways. This stint brought out the exemplary risk taking capabilities in Rajnikant Patel BSE. He was primarily responsible for the formulating of the Risk Management Policy of this bank.

Subsequent to his stint at the BNP Paribas, he joined the Bombay Stock Exchange as its Managing Director and CEO. His tenure at this institution lasted for eight fruitful years. These eight years proved to be the most productive years for the BSE. They won a host of awards including the Gold Medal for the best annual reports for two consecutive years. His stints at the various banks are the reason for this turnaround in the fortunes of the BSE. He has always been an advocate of maintaining regulatory compliance throughout his stint at the RBI.

His risk taking abilities came to the fore when he authored the divestment of the BSE thereby earning a huge amount of foreign exchange for the country. He is also responsible for the remodelling of the BSE Training Institute into a profit-making one. These initiatives put the BSE Training Institute on the international map. This fetched him the Golden Peacock Award for corporate governance.

The Rise From The Ranks Of Rajnikant Patel BSE

Rajnikant Patel BSE wasn’t born with a silver spoon but it inspired him to become a successful person in his own right. He is now a well-respected and well-known banker, trader and educator, among others, because of his determination, dedication and drive to become a force to be reckoned with in the financial services sector.

But his distinguished career started with relatively humble jobs. He firmly believes that his humble roots coupled with his humility made him the person he is now. He also believes that every person should start from the bottom of the ladder and, in the process, acquire an appreciation for the climb.

Bank of Maharashtra (1980-1983)

His first job in the financial services industry was as clerk and cashier at the Bank of Maharashtra. He was in charge of many branch banking activities, such as customer services and grievance redress, reconciliation of the books of accounts, and client deposits and withdrawals. His tasks were his introduction to the importance of attention to detail and accuracy, both of which are important in financial services.

State Bank of Saurashtra (1983-1984)

He may have stayed in the State Bank of Saurashtra for only a year but he learned many things about the banking sector, too. He makes it a point to learn more about the sector in every job and, thus, apply his lessons to his next jobs. His responsibilities here included inter-bank settlement and reconciliation, branch banking activities, and nodal officer for the loan disbursements for the unemployed youth and urban poor projects by the Government of India.

Reserve Bank of India (1984-1997)

Rajnikant Patel BSE was an assistant manager with greater roles and responsibilities in the bank’s activities. He worked in several areas including but not limited to:

• Bank licensing policy
• Bank inspection
• Open market operations
• Government borrowing program

He was also in charge of the electronic debit/credit system, national electronic fund transfer, and national clearing house, among others.

After his stint at the Reserve Bank of India, he became the Deputy Head of Inspection and Audit at BNP Paribas (1997-2001).

Bombay Stock Exchange (2001-2008)

But of all his jobs in the financial services sector, he is most proud of his accomplishments as Chief Executive Officer and Managing Director of the Bombay Stock Exchange. Among his accomplishments here are:

• Conversion of BSE into a limited company as part of the corporatization and demutualization of stock exchanges program by the Government of India (i.e., the first stock exchange to do so);
• Introduction of an integrated real-time online surveillance system;
• Secured ISO certification (i.e., the first in Asia and second in the world);

Under his leadership, BSE was awarded the Gold Medal for Best Annual Reports in the Financial Sector for two years, an award granted by the Institute of Chartered Accountants of India. BSE was also awarded the Golden Peacock Award for Corporate Governance and the Business Superbrand Award.

Truly, Rajnikant Patel BSE has risen from the ranks, an inspirational story that continues to inspire aspiring bankers and the like.

Achievements Of Rajnikant Patel BSE and Training Certification Programs

Rajnikant Patel BSE is the popular person who has more than thirty years of experience in the financial service sector, corporate strategy, Capital Markets, Commercial Banking, Commodity Markets, Corporate Strategy, sector encompassing Commercial Banking etc. He has depth skills and knowledge of the complex interconnects amongst the various components related to the financial sector. Leading organization thru regulatory situations as well as challenging business to emerge strong with focus, he guides an organization to visualize, execute, plan, monitor as well as improve the projects in the positive way

He guides to execute projects with operational efficiency, thought leadership and innovation. He is the great management expertise and he have domain knowledge, apart from that the innovative use of technology to enhance service delivery as well as the value creation for the organization, advising organization for perception, identity makeover, change management as well as emphasis on Corporate Governance, capacity building, investor protection and Regulatory Oversight.

Of course, he has great interest in training and education, due to this he has initiated and launched postgraduate management degree program as well as offer professional training programs and certificate courses.

Rajnikant Patel BSE have been associated with Board of Studies of universities as well as it has been guest faculty in many institutions. And have been remodeled capital market training institute as well as launched national, international professional management programs.

Trainer For Certification Program:

Rajnikant patel gives strategy advice on innovative areas for services, diversification, products etc. even he provide guidelines and advice on a corporate group for diversification into an innovative area, the certification programs provided with environmental benefits .

Managing Director & Ceo For Bombay Stock Exchange:

Rajnikant Patel bse is the MD (managing director) and CEO (chief executive officer) of Bombay Stock Exchange. He was closely worked with the Ministry of Finance & SEBI. He executed the divestment of BSE creating approx valuation of Billion USD as well as the introduced advanced integrated Real Time Online Surveillance system with innovative technology.

Of course, BSE won a gold medal for best annual reports in this sector for two consecutive years from ICAI. He has worked ICAI towards introducing XBRL standards in India.

The first full-time MBA programs also launched with innovative options in capital market with NM University. Inbound executive Financial Market program launched for foreign participants as well as launched outbound International program for Indian executives, due to the actions BSE Institute became a profit center for BSE and got BSE Business Superbrand Award, won prestigious Golden Peacock Award for Corporate Governance for BSE. Rajnikant Patel BSE management denied that the resignations always linked. With increasing intervention of the board in BSE’s, it was becoming increasingly difficult for Patel to work.

Awards And Achievements:

He got several awards and reorganization for his sincerity and working ability that includes Indira Super Achiever Award, HR Excellence Award, and IT People Award for Innovation Distinguished Fellow, India’s Greatest HR Professionals, and Brand Guardian for Business Superbrand, Employer Branding Award.