09 June,2021 09:39 PM IST | Mumbai | PTI
Reserve Bank of India
The Reserve Bank on Wednesday said the government has extended the tenure of Deputy Governor Mahesh Kumar Jain for two years.
"The Central Government has re-appointed Shri Mahesh Kumar Jain as Deputy Governor, Reserve Bank of India for a period of two years with effect from June 22, 2021, or until further orders, whichever is earlier, upon completion of his existing term on June 21, 2021," the central bank said in a statement.
Jain was appointed as deputy governor for three years in June 2018.
Also read: RBI keeps policy rate unchanged for 6th time in a row; cuts growth forecast to 9.5 per cent
ALSO READ
Maharashtra: Wrongly cuffed police officer gets Rs 2 lakh from court
JNPT-affected fishermen put off channel bandh plan till December 21
Mumbai: Bangladeshi man found living in India with forged documents for 26 years
Rape case against Jackky Bhagnani, other Bollywood figures closed
Mumbai: Man kills son for not calling 2nd wife 'mother', gets life term
Before joining the Reserve Bank of India, he was managing director of IDBI Bank.
The other three serving deputy governors are Michael Patra, M Rajeshwar Rao and T Rabi Sankar.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever