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KC Chakrabarty receives two year extension as Deputy Governor of RBI


August 17, 2012 - Mumbai, Maharashtra, India

Deputy Governor of Reserve Bank of India KC Chakrabarty has received a two year extension of his position on Friday. A release from the central bank has said that Chakrabarty's extension will end on June 30, 2014.

The release by Deputy General Manager RR Sinha said, “Government of India has re-appointed Dr. K. C. Chakrabarty as Deputy Governor, Reserve Bank of India, for a period up to June 30, 2014 i.e. till he attains the age of 62 years or until further orders, whichever is earlier. As per the earlier Government's notification, his three months term would have come to an end on September 14, 2012.”

Chakrabarty was appointed as the Deputy Governor on June 15, 2009.

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