Monday, 4 July 2016

RBI's new Deputy Governor N S Vishwanathan Takes Charge

Reserve Bank of India Executive Director N.S. Vishwanathan took charge as deputy governor in charge of overseeing banking and financial sector regulations at the banking regulator on Monday, according to central bank press release. 

Vishwanathan, who joined the RBI in 1981 and has spent his entire career there, was handling banking regulation and non banking finance companies among other areas as executive director. 

The 58-year-old replaces H.R. Khan who retired on Monday, according to the RBI statement. Vishwanathan will also oversee regulations for banks as well as financial areas such as deposit insurance, financial stability and risk monitoring, it said. 


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