RBI reallocates deputy governors’ portfolios as Anand Sinha retires
22 Jan 2014
The Reserve Bank of India (RBI) today announced a reshuffle of the portfolios among the three deputy governors from Monday, after Anand Sinha relinquished his charge as deputy governor on retirement.
Consequently, deputy governor K C Chakrabarty will hold the charge of RBI's customer service department, department of banking supervision, department of currency management, financial stability unit, human resources management department, rural planning and credit department, secretary's department, premises department, urban banks department and legal department in addition to the work of co-ordination of the various departments.
Deputy governor H R Khan will be in charge of the central security cell, department of external investments and operations, department of government and bank accounts, department of payment and settlement systems, foreign exchange department, internal debt management department, inspection department, department of banking operations and development, department of non-banking supervision and department of information technology.
Deputy governor Urjit R Patel will handle the department of communication, department of economic policy and research, Deposit Insurance and Credit Guarantee Corporation, department of statistics and information management, financial markets department, monetary policy department, department of expenditure and budgetary control, risk monitoring department, rajbhasha department and the right to information (RIA) division.
RBI said once the new deputy governor is appointed in place of Anand Sinha, the portfolios will be reallocated.
