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of <h1>Government appoints RBI executive director as Deputy Governor for three-year term to ensure regulatory leadership continuity</h1> The government appointed an existing Reserve Bank of India executive director as Deputy Governor for a three-year term, with the Appointments Committee of the Cabinet approving the selection. The move places a senior RBI official into a statutory executive role overseeing central bank functions under the RBI framework and relevant financial statutes, affecting regulatory leadership and policy continuity at the Reserve Bank. The appointment was announced on September 29, 2025.
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