Executive grants one-year extension to RBI Deputy Governor Rajeshwar Rao

Executive grants one-year extension to RBI Deputy Governor Rajeshwar Rao

RBI Deputy Governor M. Rajeshwar Rao. Report.

The federal government has prolonged the time period of RBI Deputy Governor M. Rajeshwar Rao for a duration of 1 12 months, in line with assets.

The Appointments Committee of the Cupboard (ACC) has authorized the re-appointment of Mr. Rao for a duration of 1 12 months with impact from October 9, 2024 or till additional orders, assets mentioned quoting a central authority line dated October 4.

The ACC is headed by way of Top Minister Narendra Modi.

Mr. Rao used to be appointed as RBI Deputy Governor in October 2020 for a duration of 3 years.

Mr. Rao used to be increased as RBI government director in November 2016.

An economics graduate and a Grasp of Industry Management from the College of Cochin, Mr. Rao joined the central locker in 1984.

As a occupation central banker, he has publicity to numerous sides of the RBI’s functioning. He has in the past held the fee of the Possibility Tracking Area.

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