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Government to invite fresh applications for RBI deputy governor post

The deputy governor will draw a fixed salary of Rs 225,000 per month plus allowances

Press Trust of India  |  New Delhi 

RBI, Reserve Bank of India
A woman walks past the Reserve Bank of India (RBI) head office in Mumbai | Photo: Reuters

The will soon invite for the post of RBI Deputy Governor, a position that fell vacant after S S retired on completion of his three-year term on July 31, 2017.

Although interviews were conducted on July 29 last year, the has decided to start the process all over again, sources said without giving reasons.

Advertisements seeking application from eligible bankers would be issued soon, they added.

The (FSRASC) headed by the will select a suitable candidate to succeed

The central has four deputy governors -- two from within the ranks, one and one -- to

The members of the search committee include the RBI Governor, and three independent members.

According to the earlier notice put up on RBIs website, applicants should have extensive experience as a or and possess understanding, at a very senior level, of supervision and compliance in the financial sector.

Strong competencies working with financial performance data, including interpreting, summarising, high level output and strong and clear communication skills on matters of public policy, are also listed as criteria for the post.

The appointment will be made for a period of three years and the person will be eligible for reappointment, it had said.

The will draw a fixed salary of Rs 225,000 per month plus allowances, it added.

First Published: Thu, February 01 2018. 00:52 IST