New Delhi: After the resignation of Deputy Governor of Reserve Bank of India Viral Acharya, a post of deputy governor in the Reserve Bank has become vacant. Viral Acharya resigned six months before completing his term. According to sources, the Finance Ministry has received more than 100 applications for this post.
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These applications will be forwarded to a high-powered committee, which will appoint a qualified candidate to the post. However, the Financial Sector Regulatory Appointments Search Committee (FSRASC) headed by the Cabinet Secretary can also mark or recommend the name of a person who has not applied for the post, based on merit.
In addition, the committee may also recommend exemptions in eligibility, qualification or experience if exceptional candidates are found. The deadline for application for the post of Deputy Governor of the Reserve Bank was 30 August. Acharya was overseeing the functioning of the monetary policy department of RBI. Acharya, who has been vocal on various issues, resigned as deputy governor in July.
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According to the public notice, this appointment will be for a period of three years and this post can be reappointed. According to the notice, the age of the applicant should not be more than 60 years on July 24, 2019. Along with this, 25 years of work experience has also been sought in the concerned field. According to the notice, the selected candidate will get salary as per the pay scale of Rs 2.25 lakh. Explain that there are four posts of deputy governor in the Reserve Bank. Shaktikanta Das is the current Governor of RBI.
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