Dynamite News Mahesh Kumar Jain appointed as Deputy Governor of RBI
Mahesh Kumar Jain appointed as Deputy Governor of Reserve Bank of India (RBI) for a term of three years.
New Delhi: Mahesh Kumar Jain, MD & CEO of IDBI Bank, appointed as Deputy Governor of Reserve Bank of India (RBI) for a term of three years.
Govt. appoints experienced banker Mahesh Kumar Jain , MD & CEO of #IDBI Bank as Dy. Governor, #RBI for a term of three years . @PMOIndia @FinMinIndia @PIB_INDIA pic.twitter.com/2qzmtOOJ5G
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— Rajeev kumar (@rajeevkumr) June 4, 2018
Rajeev Kumar, secretary, Department of Financial Services (DFS) announced that Jain has been appointed to the position of deputy governor for a period of 3 years.
With more than 30 years of experience in banking, Jain has been at the helm of IDBI Bank since March 2017.
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The RBI already has three deputy governors under Urjit Patel -- BP Kanungo, Viral V. Acharya, and NS Vishwanathan. Jain will be the fourth.