Newly appointed Deputy Governor Rohit Jain will oversee the functioning of 10 departments, including External Investments and Operations, Financial Markets Regulation, Internal Debt Management, Foreign Exchange and Fintech at the Reserve Bank of India.

Jain, who took charge as Deputy Governor (DG) on Monday, will also be looking after the functioning of Departments such as Risk Monitoring, Information Technology, Government and Bank Accounts, Corporate Strategy and Budget, and Rajbhasha.

The new DG has been appointed by the government for a period of three years or until further orders, whichever is earlier. He is a career central banker with more than 34 years of multifaceted experience,

Prior to his elevation as DG,Jain was looking after the Department of Supervision (Supervisory Assessment) as Executive Director. His appointment follows T Rabi Sankar recently completing his five-year term as DG.

Besides Jain, the RBI has three other DGs – Swaminathan J, Poonam Gupta, and Shirish Chandra Murmu. RBI, in a statement, said Co-ordination will be looked after by the senior most DG Swaminathan.

Published on May 4, 2026