RBI Gets A New Deputy Governor; M Rajeshwar Rao Replaces NS Vishwanathan

The executive director of the Reserve Bank of India, M Rajeshwar Rao, was appointed as the Deputy Governor of the apex bank on October 7. Rajeshwar Rao, who has been in service since 1984, has held various positions, and is managing internal debt management, financial markets operations and international and secretarial departments currently. Rao has replaced NS Vishwanathan as the fourth Deputy Governor of the RBI.