Business, Legal & Accounting Glossary
An individual who oversees all of the banks in a particular state. The Commissioner of Banking is responsible for supervising the liquidation of insolvent banks, performing other administrative functions and the efficient operation of banks in his/her state. The commissioner is generally appointed by the governor of the state and therefore not elected.
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This glossary post was last updated: 15th November, 2021 | 0 Views.