Deputy Governor

The post carries the pay scale of Rs 2,25,000, release said.

SBI MD Swaminathan Janakiraman appointed as Reserve Bank of India deputy governor

Janakiraman will succeed MK Jain, who retires on June 21, as one of the four deputy governors of the Indian central bank.

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)

RBI deputy governor MK Jain pitches for higher investments by banks, financial institutions in technology

Technology is revolutionising the financial services industry, and driving a paradigm shift in the delivery of banking services, said Jain

Inflation may stay beyond RBI tolerance band for 3 straight quarters, says Michael Patra

Economic growth is unambiguously impaired when inflation stays above 6 percent, the Deputy Governor said. He added that the central bank hopes to rein in inflation within two years.

RBI has surged ahead of curve: Deputy Governor Michael Patra

The RBI's rate-setting panel has since early May raised the policy repo rate by 90 basis points to 4.90 percent as it seeks to curb elevated inflation which could threaten economic recovery.

Banks, financial institutions should proactively undertake stress testing of loan books: RBI Deputy Governor Rajeshwar Rao

The gross non-performing assets (GNPAs) and net NPAs of banks improved to 5.97 per cent and 1.7 per cent as of March 31, 2022, from 9.23 per cent and 3.66 per cent as of September 2019, respectively, he said.

RBI says MK Jain reappointed as Deputy Governor for next two years

Mahesh Kumar Jain's new two-year term as RBI Deputy Governor will begin on June 22. He has over 30 years of banking experience, was the MD of IDBI Bank in 2017 and Chennai-based Indian Bank in 2015.

RBI rejigs portfolios of deputy governors as Viral Acharya demits office

The Monetary Policy Department will now be under BP Kanungo, while Financial Stability Unit has been given to MKJain. NS Vishwanathan will oversee the Financial Markets Operations and Financial Markets Regulation departments.

NS Vishwanathan re-appointed RBI deputy governor for one year

His first term ends on July 03

IDBI Bank chief Mahesh Kumar Jain appointed as 4th RBI deputy governor

Jain has an experience of over 30 years in the banking sector

Interview for RBI Deputy Governor post on May 10

Out of about 40 applications received, the Financial Sector Regulatory Appointment Search Committee (FSRASC) has shortlisted nine names who will appear for interview scheduled tomorrow, sources said.

RBI invites applications for Deputy Governor, may hire from pvt sector for 1st time

Currently, the RBI has four Deputy Governors, two of them are internal appointees. The third DG is typically a career public sector banker while the fourth is an economist who will handle the monetary policy.

RBI deputy governor Kanungo formally takes charge

B.P. Kanungo, a long-serving official with India's central bank, took over as a deputy governor of the Reserve Bank of India on Monday for a three-year term, overseeing a portfolio including currency management, debt management, and payment and settlements.

Policy announcement on tackling bad loans in 'couple of days': Jaitley

This is in line with the government’s plan to quickly charter out a resolution mechanism to resolve and recover the mounting bad loans in the banking sector, especially public sector banks.

BP Kanungo appointed RBI Deputy Governor

BP Kanungo was on Friday appointed Deputy Governor in Reserve Bank of India (RBI) for three years.

SBI sets up team for fintech; expands wealth management biz

SBI already has a Rs 200-crore fund to empower startups in this space. Last year, the public sector bank had also opened a startup branch, InCube, in Bengaluru.

Bad bank may not work by itself; open to all options: RBI

The Reserve Bank of India is unsure of a bad bank success to resolve bad loans but is open to setting it up to experiment all solutions.

Working on ways to reduce transaction cost: RBI tells PAC

RBI today informed a parliamentary panel that it is working on a mechanism to bring down transaction cost on online payments post demonetisation even as cash flow position in urban as well as rural areas have improved significantly.

I will give my best, says Viral Acharya

RBI's newly appointed Deputy Governor Viral Acharya, a noted economist, today said he will give his best in the new role.

RBI's new Dy Guv Acharya to take charge on Jan 20

Viral V Acharya will assume charge as Deputy Governor of the Reserve Bank of India on January 20, 2017.

March 2017 deadline for bank cleanup still 'stands': RBI deputy

Vishwanathan, talking to reporters on the sidelines of a banking event, also said the incremental addition of stressed assets in banks was coming down.

KPMG appoints former RBI Dy Guv HR Khan as senior adviser

Consultancy firm KPMG today appointed former Reserve Bank deputy governor H R Khan as its senior adviser in the country.

Govt starts process of appointing new RBI Deputy Governor

The Reserve Bank has currently three Deputy Governors as against the requirement of four.

'GDP to bank credit growth link weakening due to alternatives'

The total credit dispensed by the non-bank entities has increased to 37.40 percent in these two years, which is twice the pace of the 19.22 percent growth reported by banks, he said.