Shri Mahesh Kumar Jain took charge as the Deputy Governor of Reserve Bank of India today. The Government of India, on June 4, 2018 has appointed him as the Deputy Governor of Reserve Bank of India for a period of three years from the date of assumption of charge or until further orders, whichever is earlier.

Shri Jain was the MD & CEO of IDBI Bank before being appointed as Deputy Governor.

As Deputy Governor, Shri Jain will look after the Department of Banking Supervision, Department of Co-operative Banking Supervision, Department of Non-Banking Supervision, Central Security Cell, Department of Corporate Services including Document Management System, Rajbhasha Department, Consumer Education and Protection Department, Financial Inclusion and Development Department and Premises Department.

Shri Jain is a professional banker with more than 32 years of experience. Prior to his stint with IDBI Bank, he was heading Indian Bank. He has served at various positions in Punjab National Bank and Syndicate Bank across multiple areas that include Corporate & Retail Credit, Risk Management, Credit Monitoring including Corporate Debt Restructuring, Business Process Re-engineering, Treasury and International Banking.

Born on May 05, 1961, Shri Jain holds a Master’s degree in Commerce and Business Administration along with CFA and FRM. He is also a Fellow Member of IIBF.
The Central Government has re-appointed Shri Mahesh Kumar Jain as Deputy Governor, Reserve Bank of India for a period of two years with effect from June 22, 2021, or until further orders, whichever is earlier, upon completion of his existing term on June 21, 2021.

Shri B.P. Kanungo took over as the Deputy Governor of the Reserve Bank of India today. The Government of India, on March 11, 2017 has appointed him as the Deputy Governor of the Reserve Bank of India, for a period of three years from the date of his taking over charge of the post on or after April 3, 2017 or until further orders, whichever is earlier.

Shri Kanungo was Executive Director of the Reserve Bank before being elevated to the post of Deputy Governor.

Shri N. S. Vishwanathan took over as the Deputy Governor of the Reserve Bank of India today. The Government of India, on June 29, 2016 has appointed him as the Deputy Governor of the Reserve Bank of India, for a period of three years from the date of his taking over charge of the post on or after July 4, 2016 or until further orders, whichever is earlier.

Shri Vishwanathan was Executive Director of the Reserve Bank before being elevated to the post of Deputy Governor.

As Deputy Governor, Shri Vishwanathan will look after Department of Banking Regulation (DBR), Department of Co-operative Banking Regulation (DCBR), Department of Non-Banking Regulation (DNBR), Deposit Insurance and Credit Guarantee Corporation (DICGC), Financial Stability Unit (FSU), Inspection Department, Risk Monitoring Department (RMD) and Secretary’s Department.

Shri Vishwanathan, a career central banker, joined the Reserve Bank of India in 1981. His areas of expertise include regulation and supervision of banks, non-banking finance companies and cooperative banks, currency management, foreign exchange and human resources management. He had a three-year secondment to the Bank of Mauritius, the central bank of Mauritius, as Director, Supervision. He has also been the head of Chennai Regional office of the Reserve Bank.

Shri Vishwanathan was the Reserve Bank nominee on the Board of Directors of three public sector banks at different points in time. He was also the Chief Vigilance Officer and Head of Internal Audit, IFCI. He has been associated with various committees, working groups, and task forces. He represented the Reserve Bank in various international Committees. These are: Member of the Policy Development Group, BIS, Basel, Member of Macro Prudential Policy Group BIS, Basel, and Executive Committee Member of the International Credit Union Regulators Network.

Born on June 27, 1958, Shri Vishwanathan holds a Master’s degree in Economics from the Bangalore University.

The Central Government has re-appointed Shri N.S. Vishwanathan as Deputy Governor, Reserve Bank of India for a further period of one year beyond his currently notified period of appointment of three years that expires on July 3, 2019, i.e., till July 3, 2020, or until further orders, whichever is earlier.

The Central Government has, through notification F No. 7/1/2012-BO-I (Pt.) dated December 28, 2016, appointed Dr. Viral V. Acharya, currently C.V. Starr Professor of Economics, Department of Finance, New York University – Stern School of Business,as Deputy Governor, Reserve Bank of India for a term of three years from the date of his taking charge. Dr. Acharya will join on January 20, 2017.

As Deputy Governor, Dr Acharya will look after the Monetary Policy and Research cluster.

Shri S. S. Mundra took over as the Deputy Governor of the Reserve Bank of India (RBI) today. The Government of India vide its notification dated July 30, 2014 has appointed him as the Deputy Governor of the Reserve Bank of India, for a period of three years from the date of his taking over, i.e., July 31, 2014 or until further orders, whichever is earlier. Prior to joining the Reserve Bank, Shri Mundra was Chairman and Managing Director, Bank of Baroda, the second largest bank in the country.

As Deputy Governor, Shri Mundra will look after banking supervision, currency management, financial stability, rural credit, customer service, as also, the Reserve Bank’s human resources and security.

Born on July 18, 1954, Shri Mundra began his career as a Probationary Officer in Bank of Baroda in March 1977. During a banking career spanning 37 years, he has held several challenging positions including heading Bank of Baroda’s European operations (UK) before being elevated as Executive Director of Union Bank of India in September 2010 and further as Chairman of Bank of Baroda in January 2013.

Shri Mundra has served on Boards of several multi-dimensional companies, such as, the Clearing Corporation of India Ltd (CCIL), Central Depository Services (India) Ltd. (CDSL), BOB Asset Management Company, India Infrastructure Finance Corporation (UK) Ltd. (IIFCL), Star Union Dai-Ichi Life Insurance Company Ltd., National Payments Corporation of India Ltd. The experience gained in guiding these entities has bestowed him with wide leadership skills and keen insights in best practices in Corporate Governance.

He has served as the Chairman of Committee on Financial Inclusion set up by the Indian Banks’ Association (IBA) and also served as a member of several other important committees relating to the banking and financial sector constituted by the IBA and RBI, including the Nachiket Mor Committee on Comprehensive Financial Services (CCFS) for Small Businesses and Low-Income Households.

He holds a Masters Degree in Commerce and CAIIB.