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

2 hours ago 1

The authorities has extended the word of RBI Deputy Governor M Rajeshwar Rao for a play of 1 year, according to sources.

The Appointments Committee of the Cabinet (ACC) has approved the re-appointment of Rao for a play of 1 twelvemonth with effect from October 9, 2024 oregon until further orders, sources said quoting a authorities bid dated October 4. The ACC is headed by Prime Minister Narendra Modi.

Rao was appointed arsenic RBI Deputy Governor successful October 2020 for a play of 3 years.

Rao was elevated arsenic RBI enforcement manager successful November 2016.

An economics postgraduate and a Master of Business Administration from the University of Cochin, Rao joined the cardinal slope successful 1984.

As a vocation cardinal banker, helium has vulnerability to assorted aspects of the RBI's functioning. He has antecedently held the complaint of the Risk Monitoring Department.

*** Disclaimer: This Article is auto-aggregated by a Rss Api Program and has not been created or edited by Nandigram Times

(Note: This is an unedited and auto-generated story from Syndicated News Rss Api. News.nandigramtimes.com Staff may not have modified or edited the content body.

Please visit the Source Website that deserves the credit and responsibility for creating this content.)

Watch Live | Source Article