Government Appoints Shirish Chandra Murmu As RBI Deputy Governor

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Logo of the Reserve Bank of India (RBI) in front of its building in Mumbai (Photo: Vijay Sartape/NDTV Profit) 
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  • Shirish Chandra Murmu appointed deputy governor of Reserve Bank of India
  • His appointment begins on 9 October for a three-year term
  • Murmu currently serves as executive director of the Reserve Bank of India
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The government has appointed Shirish Chandra Murmu as the deputy governor of the Reserve Bank of India, according to people familiar with the matter.

Murmu's appointment will take effect from Oct. 9 for a period of three years, the people told NDTV Profit. He is currently serving as executive director of the country's central bank, overseeing the supervision department.

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Murmu will replace M Rajeshwar Rao who is set to retire this week.

(This is a developing story and will be updated shortly.)

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