Reserve Bank of India (RBI) Deputy Governor Kamalesh Chandra Chakrabarty has submitted his resignation because of personal reasons.
The Deputy Governor asked the Finance Ministry, which is in charge of apex bank appointments, to be relieved of his position by April 25, earlier than the end of his term on June 30, , the RBI's spokeswoman said on Thursday.
"Dr Chakrabarty has requested for slightly earlier departure," said the spokeswoman in a message, attributing the request to "personal reasons", without providing more details.
Mr Chakrabarty was appointed as Deputy Governor at the RBI on June 2009 for three years and received a two-year extension in 2012. He looked after key departments, including banking supervision, currency management, and financial stability.
At present, Mr Chakrabarty is one of three Deputy Governors at the apex bank, following the retirement of Anand Sinha in January.
Mr Chakrabarty's resignation comes before the RBI is due to hand out new bank licences, expected within the next couple of weeks, although he was not directly in charge of the selection process.
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