Indian gov't considering fourth RBI dep governor

A fourth deputy governors position could be created at the Reserve Bank of India. A senior finance ministry official said the position would carry the responsibility of regulating co-operative banks.

Source: Business Standard

The government is weighing the option of creating the post of a fourth Deputy Governor in the Reserve Bank of India (RBI) to oversee activities of the co-operative banking sector, which has seen a series of scams in the last two years.

"There is a provision for a fourth De