Rohit Jain Takes Office as Deputy Governor of Reserve Bank of India
Rohit Jain appointed RBI deputy governor for three-year term
The Economic Times
Image: The Economic Times
Rohit Jain has been appointed as the deputy governor of the Reserve Bank of India (RBI) for a three-year term starting May 3. He succeeds T Rabi Sankar, who recently retired from the position. Jain currently serves as an executive director at the RBI.
- 01Rohit Jain appointed as RBI deputy governor for three years.
- 02Appointment effective from May 3.
- 03Jain succeeds T Rabi Sankar, who retired recently.
- 04Jain is currently an executive director at RBI.
- 05Portfolio allocation for Jain is yet to be announced.
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Rohit Jain has been appointed as the deputy governor of the Reserve Bank of India (RBI) for a three-year term, effective from May 3. This decision was announced through a government notification on Friday. Jain, who is currently serving as an executive director at the RBI, will succeed T Rabi Sankar, who completed his tenure and retired at the end of last month. The specific portfolio allocation for Jain in his new role has not yet been disclosed, but his appointment marks a significant transition within the central bank's leadership.
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Jain's appointment could influence monetary policy and regulatory frameworks in India, affecting financial institutions and the economy.
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