RBI Appoints Rohit Jain as Deputy Governor for Three-Year Term

Rohit Jain Appointed as Deputy Governor of the Reserve Bank of India

The Indian government has appointed Rohit Jain as a deputy governor of the Reserve Bank of India, according to a government notice issued recently. This development comes as a significant change in the leadership of the central bank.

Rohit Jain's appointment will take effect from May 3 and will be for a period of three years, as per the notice issued by the government. Jain is currently serving as an executive director at the Reserve Bank of India, and his new portfolio allocation has yet to be announced.

Jain replaces T Rabi Sankar, the former deputy governor who retired late last month.

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