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Reserve Bank of India reallocates portfolios of deputy governors

 

  • Reserve Bank of India has reallocated portfolios of deputy governors, with the department of regulation entrusted to the newly-appointed M Rajeshwar Rao. 
  • Mr Rao was executive director of the Reserve Bank before being elevated to the post of deputy governor, He took the new charge last week. 
  • Besides the department of regulation, Mr Rao will look after the departments of communication, enforcement legalities among others.