Shri Shaktikanta Das, IAS Retd., former Secretary, Department of Revenue and Department of Economic Affairs, Ministry of Finance, Government of India assumed charge as the 25th Governor of the Reserve Bank of India effective December 12, 2018.

Who appoints RBI governor?

Currently serving as the 25th governor of the Reserve Bank of India ( RBI ), he was earlier a member of the Fifteenth Finance Commission and India’s Sherpa to the G20.

What is the salary of Governor of Reserve Bank of India?

Patel’s basic salary was increased to Rs 2.5 lakh with retrospective effect from January 1, 2016. The current Governor Das also draws the same basic salary of Rs 2.50 lakh per month as per the RBI data for June 30, 2019. Clearly, there has been no change in the salary of RBI Governor over the last three years.

Who is the present governor of RBI 2020?

Shaktikanta Das is the current Governor of RBI. Q 4.

Who is the governor and deputy governor of RBI?

Following the elevation of Rao, the RBI now has four Deputy Governors. The other three Deputy Governors are – BP Kanungo, MK Jain and MD Patra.

Who owns RBI?

The government has always appointed the RBI’s directors, and this has been the case since the bank became fully owned by the government of India as outlined by the Reserve Bank of India Act. Directors are appointed for a period of four years.

Who can remove RBI governor?

Removal from and vacation of office | Reserve Bank of India Act, 1934 | Bare Acts | Law Library | AdvocateKhoj. (1) The Central Government may remove from office the Governor, or a Deputy Governor or any other Director or any member of a Local Board.

What is salary of CM in India?

Chief ministers

Is Raghuram Rajan married?

What is the salary of Chairman of SBI?

Rajnish Kumar, the chairman of India’s largest bank, State Bank of India (SBI) earned Rs 31.2 lakh in 2019-20, which includes a basic salary of Rs 27 lakh and Dearness Allowance (DA) of Rs 4.2 lakh, according to the bank’s latest annual report.

Who is controlling RBI?

The Reserve Bank’s operations are governed by a central board of directors, RBI is on the whole operated with a 21-member central board of directors appointed by the Government of India in accordance with the Reserve Bank of India Act.

Where is Dr Urjit Patel now?

,Former governor of Reserve Bank of India (RBI) Urjit Patel who resigned from his post in December 2018 after a tussle with the government over the central bank’s autonomy has been appointed as the chairman of the New Delhi Based economic think tank National Institute of Public Finance and Policy (NIPFP) for a period

Who was RBI governor in 1992?

RBI governors list

Who is the CEO of the RBI?

“We wish to inform you that the Reserve Bank of India (RBI) has granted approval for the re-appointments of Prakash Apte as part -time Chairman; Uday Kotak as MD and CEO; and Dipak Gupta as Joint MD for a period of three years, with effect from January 1, 2021,” the private sector lender said in a regulatory filing on

Who is the deputy governor of India?

Mumbai: The Reserve Bank of India on Monday rejigged the portfolios of deputy governors following the appointment of M Rajeshwar Rao as the new deputy governor. Rao who was appointed after the retirement of NS Vishwanathan, has been given the charge of department of regulation, enforcement, legal and risk monitoring.

Is RBI privately owned?

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.