CE-MAT 2025

RBI appoints R. Lakshmi Kanth Rao as Executive Director

RBI appoints R. Lakshmi Kanth Rao as Executive Director

New Delhi: The Reserve Bank of India (RBI) has appointed Shri R. Lakshmi Kanth Rao as Executive Director (ED) with effect from May 10, 2024.
Before being promoted as ED, Shri Rao was serving as Chief General Manager-in-Charge in the Department of Regulation.

Shri Rao has experience of over three decades in the Reserve Bank having worked in the areas of Regulation of Banks and NBFCs, Supervision of Banks and Consumer Protection.

Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel CE-MAT 2025

Read Also : Andhra Pradesh Signs MoU with Infra Bank to Boost Amaravati Projects

He had served as Banking Ombudsman at RBI Chennai and as Regional Director of Uttar Pradesh at Lucknow. He has also served as a member of several Committees and Working Groups and has been contributing to policy formulation.

Read Also : HAL Shares Dividend Update: Rs 15 Final Payout for FY25, Tax Compliance Deadline Announced

As Executive Director, Shri Rao will look after Deposit lnsurance and Credit Guarantee Corporation,  Right to lnformation Act (FAA), and Department of Communication.

Shri Rao is a graduate in commerce. He holds a master’s degree in Business Administration (Finance) from Sri Venkateswara University, Tirupati and Diploma in TIRM (IIBF). He is also a Certified Associate of IIBF.

Read Also : REC extends CSR support of Rs 20 Crore for Children of Ex-Servicemen, Martyrs’ Families, and War Widows

Note*: All the articles and given information on this page are information based and provided by other sources . For more read Terms & Conditions