The newly-appointed Deputy Governor T Rabi Sankar will look just after eight departments, like currency management, data technologies, and foreign exchange, the Reserve Bank of India stated on Monday.
Earlier in the day, Sankar took more than as the fourth Deputy Governor of Reserve Bank of India for a period of 3 years. He was Executive Director of the Reserve Bank prior to becoming elevated to the post of Deputy Governor.
Consequent on appointment of Sankar as Deputy Governor, the central bank rejigged the portfolios of deputy governors.
The essential monetary policy division remains with M D Patra.
Sankar will also look just after, departments of external investments and operations, government and bank accounts, payment and settlement systems, and internal debt management, apart from Right to Information (RIA) Division.
There are nine departments below deputy governor M K Jain. They include things like, departments of co-ordination, central safety cell, customer education and protection, supervision, human resource management, and rajbhasha.
Patra will look just after corporate approach and price range division, division of financial and policy analysis, division of statistics and data management, Deposit Insurance and Credit Guarantee Corporation, economic markets operations division, and economic stability unit, amongst other people.
There are six departments below deputy governor M Rajeshwar Rao. He has been assigned with division of regulation, division of communication, enforcement division, inspection division, legal division and danger monitoring division.
Sankar fills the vacancy designed by the retirement of B P Kanungo on April 2, just after finishing one-year extension.