Govt invites application for RBI Deputy Governor post

The central government has invited applications for the post of RBI deputy governor that fell vacant after the resignation of Viral Acharya before the scheduled end of his term. “The appointment will be for a period of three years and the person will be eligible for re-appointment,” said the finance ministry while inviting applications for the post of RBI deputy governor.

The applicant should have at least 25 years of work experience in public administration, including at the level of secretary or equivalent in the central government and should not be more than 60 years of age as on July 24. Persons with at least 25 years of work experience in an Indian or international public financial institution can also apply for the post.

The notice further said the Financial Sector Regulatory Appointments Search Committee (FSRASC) is “free to identify and recommend any other person also”, based on merit, who has not applied for the post. The committee can also recommend relaxation in the eligibility and qualifications/experience criteria, in respect of outstanding candidates.