Former RBI Deputy Governor K C Chakrabarty passes away in Mumbai

Former Reserve Bank of India (RBI) Deputy Governor Kamalesh Chandra Chakrabarty passed away on Friday morning at his Chembur residence in Mumbai due to a heart attack. He was 69 years old.

Chakrabarty was the deputy governor of the central bank between June 15, 2009 and April 25, 2014 when he left office three months before to his term ended.

Before that, he was a distinguished banker, and served as the Chairman and Managing Director of Punjab National Bank (2007-2009), and CMD of Indian Bank (2005-2007).

He started his career as a banker with the Bank of Baroda where his