According to reports, Acharya had put in his papers just a few weeks before the last meeting of RBI's monetary policy committee (MPC). Consequential action arising from his letter is under consideration of the Competent Authority. ... 2019 . RBI deputy governor … 5. In this connection it is stated as follows: A few weeks ago, Acharya submitted a letter to the RBI informing that due to unavoidable personal circumstances, he is unable to continue his term as a Deputy Governor of the RBI beyond 23 July 2019. It will be effective from 3 April, when his 3-year tenure comes to an end. The government has appointed M Rajeshwar Rao as one of the Reserve Bank of India's deputy governors, according to a statement issued on Wednesday. 2. RBI Board. 2,25,000 (Level 17) 4. The maximum strength of the board can be 21 including the governor of RBI and deputy governors. Salary and Allowances: The post carries the pay scale of Rs. He was re-appointed as Deputy Governor on January 11, 2016 after completion of his first three-year term of office. RBI Deputy Governor Recruitment 2019. He expects to be at New York University’s Stern School of Business in Fall 2019. The Deputy Governor plays a major part in the RBI Board. Published Date: October 20, 2019. 3. Viral Acharya, who was appointed as the RBI deputy governor on January 23, 2017 for a three-year term, had in October 2018 raised concern over the importance of RBI's independence. The board shall have maximum of four deputy governors. At a time when the economy is facing headwinds from several fronts, the government is yet to appoint the Deputy Governor in charge of Monetary Policy at the Reserve Bank of India (RBI). BP Kaunungo: Kanungo served as an executive director of the RBI. Age: Not more than 60 years of age as on 24.7.2019. Governor of the Reserve Bank of India is the ex-officio Chairperson of the Monetary Policy Committee of the RBI. Term of Office: The appointment will be for a period of three years and the person will be eligible for re-appointment. 31 March 2020 Current Affairs:BP Kaunungo was reappointed as the deputy governor of Reserve Bank of India (RBI).The Appointments Committee of Cabinet (ACC) approved the extension of Kanungo's term as RBI deputy Governor by one year. For these vacant posts Interviews of ten potential candidates were conducted last week. RBI Deputy Governor Bharti 2019: Following the resignation of Reserve Bank Deputy Governor Viral Acharya the move to appoint a new vacant position has intensified. On June 24, 2019 the Deputy Governor of the RBI Viral Acharya has resigned (unofficial) from his post and planning to join his academic work at “New York University Stern School of Business (NYU Stern)”. FinMin condoles demise of ex-RBI deputy governor Subir Gokarn 31 Jul, 2019, 04.52 PM IST Born on October 3, 1959, Gokarn served as the RBI deputy governor from November 24, 2009 to December 31, 2012. Dr. Urjit R. Patel assumed charge as the twenty-fourth Governor of the Reserve Bank of India effective September 4, 2016 after serving as Deputy Governor since January 2013. RBI Deputy Governor Recruitment 2019 Last date: The RBI Recruitment 2019 application process for the post of Deputy Governor will be closed through the … The RBI Board is appointed by the Government of India in accordance with the RBI Act, 1934.