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NS Vishwanathan on Monday took over as Deputy Governor of the Reserve Bank of India. His appointment follows the completion of HR Khan’s two-year extension as Deputy Governor.
The government appointed Vishwanathan for a period of three years from the date of his taking over charge on or after July 4, or until further orders, whichever is earlier. Prior to his elevation as Deputy Governor, Vishwanathan was Executive Director.
As Deputy Governor, Vishwanathan will look after the Department of Banking Regulation, Department of Co-operative Banking Regulation, Department of Non-Banking Regulation, Deposit Insurance and Credit Guarantee Corporation, Financial Stability Unit, Inspection Department, Risk Monitoring Department and Secretary’s Department. Khan was appointed as Deputy Governor for three years in July 2011. He was given a two-year extension in 2014.
Including Vishwanathan, the RBI has four Deputy Governors. The other Deputy Governors are Urjit Patel, R Gandhi and SS Mundra.
New ED Meanwhile, Sudarshan Sen on Monday took over as the new RBI Executive Director. He will look after the Department of Banking Regulation, Department of Co-operative Bank Regulation and Department of Non-Banking Regulation. Prior to his elevation as ED, Sen was Principal Chief General Manager of the Department of Banking Regulation.
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