N. S. Vishwanathan's Appointment as Deputy Governor
BENGALURU: The Central Government of India has appointed N.S. Vishwanathan as deputy governor succeeding H.R. Khan, for overseeing regulations in banking and financial sector, reports Yahoo Finance. Vishwanathan will be in charge of Department of Banking Regulation (DBR), Co-operative Banking Regulation (DCBR), Non-Banking Regulation (DNBR). He will also take care of Deposit Insurance and Credit Guarantee Corporation (DICGC), Financial Stability Unit (FSU), Inspection Department, Risk Monitoring Department (RMD) and Secretary’s Department.
Formerly, Vishwanathan served as Executive Director of Reserve Bank and had a three-year temporary transfer to the Bank of Mauritius and the Central Bank of Mauritius, as Director. He has headed the Chennai Regional Office of the Reserve Bank and was the Chief Vigilance Officer and Head of Internal Audit at Industrial Finance Corporation of India (IFCI).
The 58-year old banker holds a Master’s degree in Economics from the Bangalore University.
Currently, RBI has four deputy governors—Urjit R Patel, R Gandhi, S S Mundra and N S Vishwanthan to handle 36 departments in the central bank. The departments are categorized under Monetary Policy and Research, Financial Markets and Infrastructure, Supervision and Inclusion, and Regulation and Risk.
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