The Reserve Bank of India (RBI) has restructured the portfolios of its four deputy governors following the appointment of Rohit Jain as deputy governor for a term of three years. Jain, who previously served as executive director at RBI, will oversee several departments, including the Corporate Strategy and Budget Department, Department of External Investments and Operations, and the Fintech Department. Swaminathan, the senior-most deputy governor, will manage the Department of Supervision and the Deposit Insurance and Credit Guarantee Corporation, among others. Poonam Gupta will handle the Department of Economic and Policy Research and the Monetary Policy Department, while Shirish Chandra Murmu will focus on communication and currency management. This restructuring aims to enhance the efficiency and effectiveness of the RBI's operations.