Mr N.S. Vishwanathan will oversee co-operative banking regulation as Mr H.R. Khan has superannuated. Vishwanathan took charge as the fourth deputy governor of RBI.
The Reserve Bank of India (RBI) has reshuffled the portfolios of its deputy governors after N.S. Vishwanathan took charge.
Besides cooperative regulation, Vishwanathan will also oversee the key departments of banking regulation, non-banking regulation, financial stability unit and risk-monitoring department.
Vishwanathan was earlier an executive director at RBI looking after the same departments. He joined the central bank in 1981. His areas of expertise include regulation and supervision of banks, non-banking finance companies and cooperative banks, currency management, foreign exchange and human resources management.
Deputy governor R. Gandhi who is hated by the cooperative sector for advocating conversion of ucbs into commercial entities will oversee external investments and operations, payment and settlement and foreign exchange in addition to the departments of financial markets regulation, internal debt management and currency management.
RBI has four deputy governors who oversee 36 departments of the central bank.