RBI allocates portfolios among 4 Deputy Governors PSU Watch
News Updates

RBI allocates portfolios among 4 Deputy Governors

Reserve Bank of India (RBI) announced portfolios for Deputy Governors, including Rohit Jain, who assumed charge on Monday

PTI

New Delhi: The Reserve Bank of India (RBI) announced portfolios for deputy governors, including Rohit Jain, who assumed charge on Monday.

Senior most Deputy Governor Swaminathan Janakiraman will look after 11 departments, including of supervision, legal, DICGC, and inspection, the Reserve Bank of India (RBI) said in a statement.

Follow The PSUWatch Channel on WhatsApp

Poonam Gupta has been assigned six portfolios, including the key monetary policy department.

Deputy Governor Shirish Chandra Murmu will look after five departments, including regulation and enforcement.

Ten portfolios have been allocated to the new Deputy Governor, Rohit Jain. Among others he will look after fintech department, foreign exchange department, and information technology department.

Follow PSU Watch on LinkedIN

Jain replaced T Rabi Sankar, whose extended tenure ended on Saturday.

Coordination will be looked after by Janakiraman, the RBI said.

According to the RBI Act, 1934, the central bank should have four deputy governors: two from within the ranks, one commercial banker, and an economist to head the monetary policy department.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Oil PSU officer association push for early constitution of 4th Pay Revision Committee

PESB recommends Manoj Kumar Sharma for GAIL's Director (Projects) post

Ghatampur thermal power project fully operational with COD of final 660 MW unit

NLC India emerges preferred bidder for critical mineral block in Telangana

Rajneesh Narain assumes charge as Director (Finance) of IRCTC