Rohit Jain Takes Helm as RBI Deputy Governor

In a significant appointment, Rohit Jain has taken charge as the Deputy Governor of the Reserve Bank of India. Jain steps into the role, replacing T Rabi Sankar, whose tenure concluded recently.

Jain brings a wealth of over 34 years of experience to the central bank's leadership, having served previously as Executive Director. His extensive portfolio will include managing ten critical departments such as forex, fintech, and risk monitoring.

A recognized expert in banking and finance, Jain's appointment underscores his commitment to fostering robust financial regulation and strategy at the RBI. His background includes notable positions on various high-level committees and international banking groups.

(With inputs from agencies.)