RBI names Kanungo to run monetary policy portfolio

Reserve Bank of India has assigned deputy governor B.P. Kanungo to run the monetary policy portfolio and forecasting department. After the exit of Viral Acharya, Kanungo has become the 6th member of the RBI’s Monetary Policy Committee.

Now, all the three deputy governors N S Vishwanathan, B P Kanungo and M K Jain have been made responsible for 12 departments each.

Static/Current Takeaways Important For EPFO/LIC ADO Mains:

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

Source: The Live Mint

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