Common

Manohar J. Pherwani

Indian corporate executive and banker

Manohar J. Pherwani

Common card · No. 477831

Manohar Jethanand Pherwani (1934 – 21 May 1992) was an Indian corporate executive and banker who served as Chairman of the Unit Trust of India (UTI), National Housing Bank (NHB) and Infrastructure Leasing & Financial Services (IL&FS). Under his tenure of almost a decade as the chairman of UTI, the asset base of UTI grew from ₹1 billion to about ₹176.5 billion In 1987, he set up IL&FS to finance infrastructure projects in the country. He headed the 1991 "Expert Study Group" into the establishment of a new stock exchange (also known as the MJ Pherwani Committee) which resulted in the formation of the National Stock Exchange of India (NSE).

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