The Government of India has re-appointed Shri Vepa Kamesam as a Deputy Governor of the Reserve Bank of India for the period from July 1, 2003 to September 23, 2003, when he will attain the age of 62 years or until further orders.

Shri Kamesam was originally appointed as a Deputy Governor of the Reserve Bank of India, on July 1, 2001, for a period of two years or till he attained the age of 62 years, whichever was earlier.