The tenure of RBI Deputy Governor T Rabi Sankar will end in May 2026. The organisation has started searching for a suitable candidate to replace him. As per reports, Four executive directors of the Reserve Bank of India (RBI) have been selected to appear for the interview for the deputy governor’s post.
RBI has one governor and four deputy governors. You can understand the structure of RBI via the image below.
The 4 candidates selected for interview are – Vivek Deep, Rohit Jain, Radha Shyam Ratho and Ajay Kumar.
Vivek Deep is the senior-most executive director and looks after currency management and the payment and settlements department. He was appointed as executive director in September 2020.
Rohit Jain and Radha Shyam Ratho were appointed executive directors in December 2020. Rohit Jain looks after the department of supervision, while Radha Shyam Ratho looks after Financial Markets Operations Department, Department of External Investments and Operations.
Ajay Kumar was appointed as executive director in August 2021. Before becoming executive director, Ajay Kumar headed the New Delhi Regional Office of RBI as Regional Director. He looks after the Internal Debt Management Department, and External Investments and Operations.
At present, RBI has 16 executive director-rank officers, including the Chief Financial Officer.
