RBI deputy governor portfolios revamped as Viral Acharya takes charge

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Mumbai: Reserve Bank of India (RBI) governor Urjit Patel has reallocated portfolios of deputy governors following assumption of charge by Viral Acharya.

Apart from monetary policy department, Acharya will look after economic policy & research, corporate strategy and budget and financial markets operations department, RBI said in a statement on Monday. Acharya, a professor of Economics in the Department of Finance at the New York University (NYU) was appointed as deputy governor last month.

Senior-most deputy governor R. Gandhi was looking after the monetary policy department, financial market operations department and department of economic policy and research following elevation of Patel as governor.

Deputy governor S.S. Mundra has been given charge of the consumer education and protection and human resources department while N.S. Vishwanathan will look after the department of banking regulation and department of communication.