RBI deputy guv Chakrabarty's term extended until June 2014

Reserve Bank of India Deputy Governor K.C. Chakrabarty got an extension of two years until June 30, 2014, a release from the central bank said on Friday.

As per a notification in June, Chakrabarty had got an extension of two months until September 14.

"Government of India has re-appointed Dr. K. C. Chakrabarty as Deputy Governor, Reserve Bank of India, for a period up to June 30, 2014 i.e. till he attains the age of 62 years or until further orders, whichever is earlier," the release said.

The deputy governor, who was appointed on June. 15, 2009, handles departments including customer services, administration and personnel management, rural planning and credit and urban banks.

He is also the Alternate Appellate Authority under the Right to Information Act, 2005.