India appoints R Gandhi as deputy governor of RBI for 3 years

MUMBAI (Reuters) - The government has appointed R Gandhi as deputy governor of the Reserve Bank of India for three years, effective April 3, the Reserve Bank of India (RBI) said on Thursday.

Gandhi was the executive director at the RBI before being promoted to deputy governor post.

Gandhi will look after the department including banking operations and development, non-banking supervision, risk monitoring, urban banks and expenditure and budgetary control.

The RBI has four governors, the other three are Urjit Patel, H R Khan and K C Chakrabarty.

(Reporting by Suvashree Dey Choudhury; Editing by Douglas Busvine)