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Mumbai: The Central Government has reappointed M Rajeshwar Rao as the Deputy Governor of the Reserve Bank of India (RBI) for another year. He was first appointed to the post in September 2020 for three years and was given a year extension in 2023.
Rao joined RBI in 1984 and has since served in the Risk Monitoring Department, as the Banking Ombudsman in New Delhi, and in RBI’s regional offices at Ahmedabad, Hyderabad, Chennai, and New Delhi.
Rajeshwar Rao has completed his Bachelor of Arts in Economics and a Master of Business Administration from the University of Cochin. In addition, he is also a Certified Associate of the Indian Institute of Bankers.
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