The
government has appointed R Gandhi as deputy governor of the
Reserve Bank of India for a period of three years
from yesterday. He was Executive Director of the Reserve Bank before being
elevated to the post of Deputy Governor.
Mr
Gandhi has come in place of Anand Sinha who retired on January 20, 2014. Mr
Sinha, was looking after the new bank license process.
In
a statement, RBI said that Mr. Gandhi will look after portfolios such as
Banking Operations and Development, Non-Banking Supervision, Urban Banks
Department, Expenditure and Budgetary Control, Information Technology and Legal
Department. Having joined the RBI in 1980, Mr. Gandhi has built over 33 years
expertise and experience in varied fields which include, payment systems and
information technology, financial markets, operations and regulation.
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