New Delhi. There are eight candidates in the race for deputy governor of the Reserve Bank of India. The search committee, headed by the Cabinet Secretary, will interview these candidates on 23 July. Sources gave this information. NS Vishwanathan, the most senior deputy governor of the central bank, stepped down for health reasons on March 31, three months before his extended tenure. He was associated with RBI for nearly 39 years.
Sources said that the Financial Sector Regulatory Appointments Search Committee (FSRASC) has shortlisted the names of eight candidates for the post. These people will be interviewed through video conference on 23 July. Sources said that after the interview, the name of the selected candidate will be sent to the Appointments Committee of the Prime Minister-led Cabinet for final approval.
The FSRASC consists of the Reserve Bank Governor, Financial Services Secretary and two independent members besides the Cabinet Secretary. According to the Reserve Bank Act, the central bank has four deputy governors. Of these, two are from within the central bank, one is a commercial banker and one is an economist and then heads the monetary policy department.
