Govt receives 90 applications for RBI Deputy Governor post
The Finance Ministry has received around 90 applications for the post of RBI Deputy Governor as SS Mundra's three-year term is coming to end this month. As per reports, several private bankers have also applied for the post as the position was open to private sector. The post will have a fixed salary of ?2.25 lakh per month plus allowances.
New Delhi, Jul 14 (PTI) The Finance Ministry has received around 90 applications for the post of RBI Deputy Governor as S S Mundras three-year term is coming to end this month, an official said today. Some private bankers have also applied for the post as the position was open to private sector, a finance ministry official who did not wish to be identified said. About 90 applications are being scrutinised for the post of RBI Deputy Governor and the shortlisted name will be sent to Financial Sector Regulatory Appointment Search Committee (FSRASC) headed by Cabinet Secretary, the official said. A number of managing directors of public sector banks who met the criteria have applied as this position is reserved for a banker. The central bank has four deputy governors ? two from within the ranks and one commercial banker and another an economist to head the monetary policy department. The members Search Committee include RBI Governor, Financial Services Secretary and three independent members. Independent members of the committee are Rajiv Kumar senior fellow Centre for Policy Research, Manoj Panda director Institute of Economic Growth and Bimal Patel director CEPT. 