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April 04, 2017

B P Kanungo took over as the new Deputy Govenor of RBI

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Odisha's Bihu Prasad Kanungo (B. P. Kanungo) has been took over as the new Deputy Governor of the Reserve Bank of India (RBI). He has replaced the retiring deputy governor, R Gandhi. Earlier, he has worked as the Executive Director of RBI. The government has appointed Kanungo as Deputy Governor of RBI on 11th March 2017 for a period of three years.

Kanungo will look after the departments of currency management, external investments and operations, government and bank accounts, and information technology, payment and settlement systems. He will also look after foreign exchange department, internal debt management department, legal department and premises department.

There are 4 Deputy Governors in RBI. They are, 
  • B. P. Kanungo
  • S S Mundra
  • N S Vishwanathan 
  • Viral V Acharya
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