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Government invites applications for RBI deputy governor post

The tenure of the job is for three years and the post carries the pay scale of Rs 2.25 lakh (level 17)

March 19, 2023 / 12:34 PM IST

The government on March 19 invited applications for the post of deputy governor of the Reserve Bank of India (RBI), according to an advertisement carried in newspapers. Interested candidates are required to apply to the department of financial services by April 10.

The ideal candidate - aged not more than 60 years as on June 22, 2023 - is required to have at least 15 years of experience in commercial banking and financial market operations with expertise in corporate banking, bankruptcy law and risk management.

The post carries a pay scale of Rs 2.25 lakh (level 17), says the advertisement.

Credentials set for the applicants include extensive experience as a full-time director or board member, a very senior-level understanding of supervision and compliance in the financial sector, strong competency in working with financial performance data with the ability to interpret, summarise and communicate high-level output, and strong clear communication skill in matters of public policy.

The appointment will be for a period of three years and the person will be eligible for reappointment.

According to the notice the Financial Sector Regulatory Appointments Search Committee (FRSRASC) is free to identify and recommend any other person based on merit, who has not applied for the post.

The committee may also give relaxation in the eligibility and qualifications or experience criteria.

Manish M. Suvarna
Manish M. Suvarna is Senior Correspondent at Moneycontrol. He writes on the Indian money markets and the RBI. He tweets at @manishsuvarna15
first published: Mar 19, 2023 11:17 am