RBI appoints R Lakshmi Kanth Rao as Executive Director, handling Deposit Insurance, Credit Guarantee, RTI Act, and Communications.
Reserve Bank of India (RBI) appoints R Lakshmi Kanth Rao as its new Executive Director, with responsibilities covering Deposit Insurance and Credit Guarantee Corporation, Right to Information Act, and the Department of Communication. Rao, with 30 years of experience in bank regulation and supervision, previously served as Chief General Manager-in-Charge in the Department of Regulation at the RBI. He has been involved in numerous committees, playing a significant role in policy formulation. His appointment begins on May 10.
May 10, 2024
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