ACC approves appointment of Rajeshwar Rao as RBI Deputy Governor for 1 year
Appointment
The government on Monday extended the tenure of RBI Deputy Governor M Rajeshwar Rao by one year. He said the Appointments Committee of the Cabinet has approved the reappointment of M Rajeswara Rao, Deputy Governor of the Reserve Bank of India for a period of one year with effect from October 9, 2023. He was appointed as the Deputy Governor of RBI in October. , 2020. For a period of three years. Rao was promoted as Executive Director of RBI in November 2016. A graduate in Economics and Master of Business Administration from Cochin University, Rao joined the central bank in 1984. As a career central banker, he has wide experience in the functioning of RBI. Have experience in various aspects of. He has previously held the charge of the Risk Monitoring Department. He has also worked at the Banking Ombudsman in New Delhi and the regional offices of the Reserve Bank in Ahmedabad, Hyderabad, Chennai and the national capital.
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