Shirish Chandra Murmu Marathi News: The central bank of the country, the Reserve Bank of India (RBI) has been appointed a new deputy governor. Yes The central government has appointed Shirish Chandra Murmu as the new deputy governor of the Reserve Bank of India. Shirish Chandra Murmu will serve as the RBI deputy governor for the next three years. Shirish Chandra Murmu has been selected by the Cabinet Appointment Committee (ACC) for the post.
According to the official notification of the government, Shirish Chandra Murmu will take over as the Deputy Governor of the Reserve Bank of India (RBI) from October 1. New Deputy Governor Shirish Chandra Murmu will replace the current deputy governor Rajeshwar Rao, whose full term ends on October 7. Rao is currently handling banking regulation and other departments.
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Who are Shirish Chandra Murmu?
Shirish Chandra Murmu is working as Executive Director in the Reserve Bank and is responsible for the Supervision Department. According to the RBI website, Shirish Chandra Murmu observes many important administrative tasks, regulatory policies and inter-divisional coordination of the organization. In addition, it is also responsible for the administration, regulatory compliance and internal management.
What is the work of the Deputy Governor?
In the central bank of our country, the RBI has four deputy governors. All four of them maintain separate orders for monetary policy, financial market regulation, market supervision and other regulatory activities. Of these four responsibilities, Shirish Chandra Murmu is left to see what responsibility will be entrusted.
Who are the three deputy governors?
Currently, the RBI has three deputy governors: T. Rabi Shankar, Swaminathan J. And Poonam Gupta. The fourth position will be vacant on October 7 and they will fill the Shirish Chandra Murmu.
Deputy Governor’s important role in RBI
It should be noted that under the RBI Act of 1949, the Reserve Bank has a total of four deputy governors. Two of them are RBI officers, a commercial banking sector and a economist, which supervises the currency department department. They are responsible for various departments such as monetary policy, financial market regulation, banking supervision and other regulatory policies.
M. Rajeshwar Rao’s tenure
M. Rajeshwar Rao was appointed as Deputy Governor on September 7. His early tenure was three years old. He was then given one year extension in one year and one year in the 5th. Thus, they will work for a total of five years by October 1.
