RBI rejigs portfolios of deputy governors as MD Patra's term ends

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Times of India 12h ago

RBI rejigs portfolios of deputy governors as MD Patra's term ends - Times of India

Quick Summary:

The Reserve Bank of India has reallocated the responsibilities of its deputy governors following the end of Deputy Governor Michael Debabrata Patra's extended term.

M Rajeshwar Rao will now handle the monetary policy department among other key departments, while T Rabi Sankar and Swaminathan Janakiraman are assigned to various departments as part of the reshuffle.

As per the statement, Swaminathan Janakiraman will look after nine departments, including Supervision and Deposit Insurance and Credit Guarantee Corporation.