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RBI reallocates portfolios among 3 deputy governors

The Reserve Bank of India has reallocated portfolios among its three deputy governors after S.S. Mundra retired from services on 30 July. Accordingly Viral Acharya will be in charge of the monetary policy department including the forecasting & modelling unit, the financial markets operations department, the financial markets regulation department including market intelligence, the department of economic and policy research, the department of statistics & information management, the corporate strategy and budget department, the central security cell, the department of corporate services including document management system, the human resource management department, the international department and the Raj Bhasha department. N.S. Vishwanathan will look after the department of banking Regulation, the department of communication, the department of co-operative banking regulation, the department of non-banking regulation, the department of banking supervision, the department of co-operative banking supervision, the department of non-banking supervision, the deposit insurance and credit guarantee corporation, the enforcement department, the financial stability unit, the inspection department, the risk monitoring department, the secretary’s department and coordination. And B.P. Kanungo will be in charge of the consumer education and protection, currency management, external investments & operations, government & bank accounts, information technology, payment & settlement systems, foreign exchange, financial inclusion and development, internal debt management, legal, premises and right to information departments.

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