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New Deputy Governor Rabi Sankar to oversee functioning of 8 departments at RBI

New Deputy Governor Rabi Sankar to oversee functioning of 8 departments at RBI May 03, 2021 Currency management, external investments & operations, and payment and settlement systems among departments he will oversee Newly appointed Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar will oversee the functioning of eight departments, including Currency Management, External Investments & Operations, and Payment and Settlement Systems. The central bank, in a statement, said he will also manage departments such as Government and Bank Accounts, Information Technology, Foreign Exchange, Internal Debt Management, and the Right to Information (RIA) Division. Rabi Sankar was Executive Director of RBI before being elevated to the post of Deputy Governor (DG). His appointment as DG is for a period of three years or until further orders, whichever is earlier, RBI said.

nri best investment options: Why NRIs should use the mutual fund route to investments

Synopsis ​​Mutual funds offer portfolios with a larger number of scripts, twenty, thirty or even sixty scripts. Therefore, the portfolio is well-diversified, and you do not need to worry about the movements in any particular script. There may be gains in some shares which will more than outdo the losses in another few. Head of Research, Emkay Wealth Management, ET Dr. Joseph Thomas joined the RBI in 1986, where he worked as a Currency Specialist and Portfolio Manager for the Bank in the RBI’s Department of External Investments and Operations. He was also associated with the Aditya Birla Group for almost 12 years.

RBI distributes portfolios of B P Kanungo among remaining deputy governors

RBI distributes portfolios of B P Kanungo among remaining deputy governors
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Subramanian, Ratho, Jain made RBI EDs

Subramanian, Ratho, Jain made RBI EDs Updated: Updated: Share Article AAA The Reserve Bank of India has appointed three of its senior officials R. Subramanian, R.S. Ratho and Rohit Jain as executive directors with effect from December 11. Mr. Subramanian, who was Chief General Manager-in-Charge, Enforcement Department, will oversee the key departments of Foreign Exchange, Financial Markets Regulation, Internal Debt Management and International, the RBI said in a release. Mr. Ratho, who was CGM Financial Markets Operations, will look after the same department as well as External Investments and Operations, Legal and Secretary’s Department. Mr. Jain will oversee Supervision (Risk, Analytics and Vulnerability Assessment) after having been CGM-in-charge, Supervision.

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