The Reserve Bank of India (RBI) has appointed R. Lakshmi Kanth Rao as Executive Director, effective from May 10, 2024. Rao brings over 30 years of experience at the RBI, having previously served as Chief General Manager in charge of the Department of Regulation.
Deposit Insurance and Credit Guarantee Corporation (DICGC): Rao will oversee operations related to the Deposit Insurance and Credit Guarantee Corporation, ensuring the protection of depositors’ interests.
Right to Information Act (FAA) and Department of Communication: In his role as Executive Director, Rao will be responsible for handling matters concerning the Right to Information Act and managing communications within the RBI.
Rao holds a commerce degree and a master’s in business administration with a specialization in finance from Sri Venkateswara University, Tirupati. Additionally, he is certified by the Indian Institute of Banking and Finance (IIBF), having completed a diploma in TIRM (Treasury and Risk Management). Throughout his career, Rao has contributed significantly to banking regulation, supervision, and consumer protection, serving in various capacities such as banking ombudsman and regional director. He has also been actively involved in policy formulation, participating in numerous committees and working groups.
Dr. Bhimrao Ramji Ambedkar, also known as the "Father of the Indian Constitution," was a…
The RBI Governor is the Chief Executive Officer of the Central Bank of India and the…
Chaudhary Charan Singh (23 December 1902 – 29 May 1987) was a prominent Indian politician…
Rajasthan is a state in north-western India, known for its rich history, beautiful palaces, forts…
PV Sindhu is one of India's most celebrated badminton players, known for her exceptional skills,…
Wood is a natural material used in furniture, tools and decoration. It comes from trees…