The Centre on Monday extended the tenure of Reserve Bank of India (RBI) Deputy Governor N S Vishwanathan by one year.
He was appointed to the post on June 28, 2016 by the Appointments Committee of the Cabinet for a three-year period. Vishwanathan had succeeded H R Khan as RBI Deputy Governor on July 3, 2016.
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The RBI has provision for four deputy governors, two of whom are appointed from outside while the other two are traditionally appointed from those working within the central bank.
A week ago, another RBI Deputy Governor Viral Acharya had resigned, citing unavoidable personal circumstances.
Vishwanathan had earlier served as Principal Chief General Manager at the RBI’s department of non-banking supervision. He later became RBI’s Executive Director in April 2014.
Vishwanathan served as a Director of Punjab National Bank from September 2012 to May 2013. He was also Nominee Director at Dena Bank from May 2011 to September 6.