Category : Appointments
 The Centre has appointed MK Jain, Managing Director, and CEO of IDBI Bank, as the RBI’s Deputy Governor.Jain will fill a position that had been lying vacant since August 2017 after the retirement of SS Mundra. With the appointment of Jain, the Centre has stuck to the tradition of having a commercial banker occupy this post of RBI Deputy Governor (reserved for bankers). The central bank now has four serving RBI Deputy Governors. Jain has been appointed for a term of three years. |
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Source- The Hindu Business Line
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