Govt grants one-year extension to RBI Deputy Governor Rajeshwar Rao
NEW DELHI: The government has extended the term of RBI Deputy Governor M Rajeshwar Rao for a period of one year, according to sources. The Appointments Committee of the Cabinet (ACC) has approved the re-appointment of Rao for a period of one year with effect from October 9, 2024 or until further orders, sources said quoting a government order dated October 4.
Rao was appointed as RBI Deputy Governor in October 2020 for a period of three years.
Rao was elevated as RBI executive director in November 2016.
An economics graduate and a Master of Business Administration from the University of Cochin, Rao joined the central bank in 1984.
As a career central banker, he has exposure to various aspects of the RBI's functioning. He has previously held the charge of the Risk Monitoring Department.
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Rao was appointed as RBI Deputy Governor in October 2020 for a period of three years.
Rao was elevated as RBI executive director in November 2016.
An economics graduate and a Master of Business Administration from the University of Cochin, Rao joined the central bank in 1984.
As a career central banker, he has exposure to various aspects of the RBI's functioning. He has previously held the charge of the Risk Monitoring Department.
Ready to Master Stock Valuation? ET’s Workshop is just around the corner!
Top Comment
Rameshwar Dayal
68 days ago
It is unfortunate that some one has passed very uncerimonial remarks about Sh Rao.Sh Rao is well educated and has a vast knowledge in regard to the functioning of RBI.Mr Raman&Mr Patel may be good officers but one cannot and should not pass any sarcastic remark about a good officer RDGERA Ex officer Union Bank of India Read allPost comment
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