10 names shortlisted for RBI’s Deputy Governor’s post

RBITen candidates are reportedly shortlisted and interviewed last week for the post of the deputy governor. The post is lying vacant after the exit of Viral Acharya, in charge of the monetary policy department in the Reserve Bank of India.

 The interview was supervised by the Financial Sector Regulatory Appointment Search Committee (FSRASC) and the final decision on the appointment will be sealed by the Prime Minister’s Office.

The post of deputy governor has been lying vacant ever since Acharya called it a quits in August this year. As per the sources, the shortlisted names for the position are: Chetan Ghate, professor at Indian Statistical Institute, Arunish Chawla, joint secretary (department of expenditure), Manoj Govil, principal finance secretary, Kshatrapati Shivaji, executive director, ADB, Sanjeev Sanyal, principal economic adviser, T V Somanathan, additional chief secretary, Tamil Nadu, Michael Patra, RBI executive director, Prachi Mishra, economist at Goldman Sachs. Ghate and Patra participate in the monetary policy committee meetings as members.

The FSRASC is chaired by the cabinet secretary and shortlists candidates. The final appointment will be made by the Central government based on the committee’s recommendations.

The committee comprises of RBI governor Shaktikanta Das and financial services secretary.

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