GoI appoints M Rajeshwar Rao as the RBI Deputy Governor

The Centre has appointed M Rajeshwar Rao as the new deputy governor of the Reserve Bank of India on 7th October 2020. Prior to this, M Rajeshwar Rao was an executive director at RBI. He succeeds NS Vishwanathan as the central bank’s fourth deputy governor. NS Vishwanathan resigned from the post in March 2020 before the completion of his term in June, citing health reasons.

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The Central Bank has four Deputy Governors. Other three Deputy Governors of RBI:

  • M. D. Patra
  • B. P. Kanungo
  • M. K. Jain

Important takeaways for all competitive exams: 

  • RBI 25th Governor: Shaktikant Das; Headquarters: Mumbai; Founded: 1 April 1935, Kolkata.

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