Reserve Bank of India reallocates portfolios of deputy governors
Reserve Bank of India has reallocated portfolios of deputy governors, with the department of regulation entrusted to the newly-appointed M Rajeshwar Rao.
Mr Rao was executive director of the Reserve Bank before being elevated to the post of deputy governor.
He took the new charge last week.
Besides the department of regulation, Mr Rao will look after the departments of communication, enforcement legalities among others.
Mr Rao was appointed to the post vacated by NS Vishwanathan, who stepped down three months ahead of his extended tenure on health grounds.