About US | Contact Us
Kohli to be conferred with Polly Umrigar Award..
Panchkula Sessions Court rejects Honeypreet's bail plea..
Mukherjee describes RSS Founder Hedgewar as 'Great Son of Mother India'..
Pak SC summons Pervez Musharraf..
ICC prohibits wearing smart watches on field..
Kumaraswamy passes floor test with ease..
PM Modi hails Indo-Bangladesh bilateral relations..
KG Bopaiah appointed as pro-tem speaker..
Sexual intimacy in late years does not slow memory loss..
Mobile phone has become our alter ego: Big B..
IPL 2018: Royal Challengers Bangalore beat Sunrisers Hyderabad by 14 runs..
RBI's monetary policy committee to hold 3-day meeting..
Trump meets with Chinese leaders to discuss bilateral ties..
2 more civilians killed in J-K ceasefire violation..
 
Opinion Poll

Loading...

 
Govt to invite fresh applications for RBI deputy guv post

The government will soon invite fresh applications for the post of RBI Deputy Governor, a position that fell vacant after S S Mundra retired on completion of his three-year term on July 31, 2017.

Although interviews were conducted on July 29 last year, the government has decided to start the process all over again, sources said without giving reasons.

Advertisements seeking application from eligible bankers would be issued soon, they added.

The Financial Sector Regulatory Appointment Search Committee (FSRASC) headed by the Cabinet Secretary will select a suitable candidate to succeed Mundra.

The central bank has four deputy governors -- two from within the ranks, one commercial banker and one economist -- to head the monetary policy department.

The members of the search committee include the RBI Governor, Financial Services Secretary and three independent members.

According to the earlier notice put up on RBI s website, applicants should have extensive experience as a full-time director or board member and possess understanding, at a very senior level, of supervision and compliance in the financial sector.

Strong competencies working with financial performance data, including interpreting, summarising, high level output and strong and clear communication skills on matters of public policy, are also listed as criteria for the post.

The appointment will be made for a period of three years and the person will be eligible for reappointment, it had said.

The deputy governor will draw a fixed salary of Rs 2.25 lakh per month plus allowances, it added.

S- PTI

 
 
           
 
Copyright © 2016. nwztoday, Bhubaneswar, Odisha. All rights reserved.   Powered by: nwztoday