Who has been appointed as the new Deputy Governor of the Reserve Bank of India in 2026?

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The correct answer is Option D: Rohit Jain. Rohit Jain has been appointed as Deputy Governor of the Reserve Bank of India by the Appointments Committee of the Cabinet (ACC). His tenure has been fixed for three years, effective from on or after May 3, 2026. Rohit Jain has been serving as Executive Director in RBI since December 2020 before elevation. He has gained nearly three decades of experience within RBI. He has developed expertise in banking supervision, financial regulation, and institutional oversight. He has handled monitoring of banking operations and financial stability functions as Executive Director. Rohit Jain has succeeded T. Rabi Sankar, whose tenure has ended after extensions in 2024 and 2025. T. Rabi Sankar has served as Deputy Governor since 2021. Sankar has overseen financial markets, foreign exchange, fintech, and payment systems. Rohit Jain has been selected among candidates including Vivek Deep, Radha Shyam Ratho, and Ajay Kumar. RBI has followed a pattern of promoting experienced internal candidates to leadership roles. The Reserve Bank of India has been established in 1935 and nationalised in 1949. RBI has maintained four Deputy Governors assisting the Governor. Deputy Governors have overseen banking supervision and monetary policy-related functions. The Appointments Committee of the Cabinet (ACC) has approved top-level bureaucratic appointments.

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T. Rabi Sankar

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Vivek Deep

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Ajay Kumar

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Swaminathan J.

Who has been appointed as the new Deputy Governor of the Reserve Bank of India in 2026?

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Who has been appointed as the new Deputy Governor of the Reserve Bank of India in 2026?

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