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The Government on Thursday re-appointed Harun Rashid Khan as the Deputy Governor of the Reserve Bank of India. The appointment has been made for two years with effect from July 4, 2014 or until further orders, whichever is earlier, RBI said.
Khan was appointed deputy governor in July 2011 for a three-year term, which was set to expire on July 3. As deputy governor, Khan looks after the foreign exchange department and internal debt management, among others.
Prior to being deputy governor, Khan was Executive Director of RBI since October 2007. The government is yet to appoint a deputy governor to replace KC Chakrabarty, who retired on April 25. According to reports, Bank of Baroda Chairman SS Mundra is the top contender, followed by Punjab National Bank Chairman KR Kamath.
The other two deputy governors are Urjit Patel and the recently appointed R Gandhi.
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