Subhash Sheoratan Mundra was appointed deputy governor at the Reserve Bank of India (RBI) this week – filling the vacancy created by Kamalesh Chakrabarty's resignation in April.
Mundra joins from Bank of Baroda, India's second largest bank according to the RBI, where he has served as chairman since January 2013. He has held a number of senior posts in the banking sector.
At the RBI he will be responsible for banking supervision, currency management, financial stability, rural credit and customer
- Turkish central bank carries out emergency rate hike as currency falls
- Podcast: San Fran Fed’s Daly on gender inequality in central banks
- US House passes deregulation bill with bipartisan support
- Philippines central bank launches reorganisation
- Dudley calls for ‘aggressive action’ on benchmark reforms