N S Vishwanathan appointed new RBI deputy governor

A government-appointed panel has selected N S Vishwanathan as a Reserve Bank of India deputy governor, replacing incumbent H R Khan, NDTV Profit TV and ANI television news agency reported on Tuesday without citing sources.

Vishwanathan is currently an executive director at the RBI, overseeing the banking regulation and non-banking department. His appointment was cleared by the Appointments Committee of the Cabinet (ACC), ANI said. He would succeed Khan, who will retire on July 3.

FLASH: ACC clears the appointment of N S Vishwanathan as Deputy Governor of RBI. He was executive director in RBI before his new appointment

— ANI (@ANI_news) June 28, 2016

N S Vishwanathan will succeed HR Khan as Deputy Governor of RBI whose tenure will end on 3rd July.

— ANI (@ANI_news) June 28, 2016

The key departments under Khan are financial markets, external investments and operations, payment and settlements, information technology, foreign exchange and internal debt management.

The RBI currently has four deputy governors.