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RBI Deputy Governor MK Jain gets 2-year extension

"The Central Govt has re-appointed Shri Mahesh Kumar Jain as Dy Governor, RBI for a period of 2 years with effect from June 22, 2021, or until further orders, whichever is earlier, upon completion of his existing term on June 21, 2021," the central bank said in a statement.

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Mumbai Published on: June 09, 2021 23:15 IST
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RBI Deputy Governor MK Jain gets 2-year extension.

 

The Reserve Bank on Wednesday said the government has extended the tenure of Deputy Governor Mahesh Kumar Jain for two years.

"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," the central bank said in a statement.

Jain was appointed as deputy governor for three years in June 2018.

Before joining the Reserve Bank of India, he was managing director of IDBI Bank.

The other three serving deputy governors are Michael Patra, M Rajeshwar Rao and T Rabi Sankar.

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