Rohit Jain appointed RBI Deputy Governor for three
May 02, 2026
Reserve Bank of India appoints Rohit Jain as new Deputy Governor for three years, replacing T Rabi Sankar, after interviews with four executive directors
Rohit Jain appointed RBI Deputy Governor for three-year term, to join on May 3
The government has appointed Rohit Jain as Deputy Governor of the Reserve Bank of India following the completion of T. Rabi Sankar’s tenure in May 2026. Jain was among four executive directors shortlisted and interviewed for the post.
By CNBCTV18.com
The tenure of Reserve Bank of India (RBI)’s Deputy Governor T Rabi Sankar ended in May 2026. Four executive directors were selected to appear for the position’s interview earlier this week. The organisation has now announced that Rohit Jain, who was the Executive Director of the Reserve Bank of India, has been appointed as the new Deputy Governor for a period of three years.
According to an official statement, the Appointments Committee of the Cabinet approved Jain’s appointment. He will be taking on the post from the date he assumes office on or after May 3, 2026, until further orders, whichever is earlier.
“The Appointments Committee of the Cabinet has approved the appointment of Shri Rohit Jain, Executive Director, Reserve Bank of India to the post of Deputy Governor, Reserve Bank of India for a period of three years from the date of joining the post on or after 03.05.2026 or until further orders, whichever is earlier,” the letter read.
Who all were selected for the interview?
Jain was one of four RBI executive directors shortlisted for the role. The other candidates included Vivek Deep, Radha Shyam Ratho, and Ajay Kumar. All four candidates appeared for interviews on Monday, April 27.
Among them, Vivek Deep is the senior-most executive director. He looks after currency management as well as payment and settlement systems. He has been serving in the role since September 2020.
Rohit Jain and Radha Shyam Ratho, on the other hand, were both appointed as executive directors in December 2020. Rohit handled the Department of Supervision, including monitoring banks and NBFCs, while Ratho managed the Financial Markets Operations Department and External Investments and Operations.
Ajay Kumar, who heads the RBI’s New Delhi Regional Office, is responsible for the Internal Debt Management Department and has previously overseen external investments and operations.
(Edited by : Sudarsanan Mani )
The government has appointed Rohit Jain as Deputy Governor of the Reserve Bank of India following the completion of T. Rabi Sankar’s tenure in May 2026. Jain was among four executive directors shortlisted and interviewed for the post.
By CNBCTV18.com
The tenure of Reserve Bank of India (RBI)’s Deputy Governor T Rabi Sankar ended in May 2026. Four executive directors were selected to appear for the position’s interview earlier this week. The organisation has now announced that Rohit Jain, who was the Executive Director of the Reserve Bank of India, has been appointed as the new Deputy Governor for a period of three years.
According to an official statement, the Appointments Committee of the Cabinet approved Jain’s appointment. He will be taking on the post from the date he assumes office on or after May 3, 2026, until further orders, whichever is earlier.
“The Appointments Committee of the Cabinet has approved the appointment of Shri Rohit Jain, Executive Director, Reserve Bank of India to the post of Deputy Governor, Reserve Bank of India for a period of three years from the date of joining the post on or after 03.05.2026 or until further orders, whichever is earlier,” the letter read.
Who all were selected for the interview?
Jain was one of four RBI executive directors shortlisted for the role. The other candidates included Vivek Deep, Radha Shyam Ratho, and Ajay Kumar. All four candidates appeared for interviews on Monday, April 27.
Among them, Vivek Deep is the senior-most executive director. He looks after currency management as well as payment and settlement systems. He has been serving in the role since September 2020.
Rohit Jain and Radha Shyam Ratho, on the other hand, were both appointed as executive directors in December 2020. Rohit handled the Department of Supervision, including monitoring banks and NBFCs, while Ratho managed the Financial Markets Operations Department and External Investments and Operations.
Ajay Kumar, who heads the RBI’s New Delhi Regional Office, is responsible for the Internal Debt Management Department and has previously overseen external investments and operations.
(Edited by : Sudarsanan Mani )