look news india
New Delhi, May 10 (Hindustan Reporter) Reserve Bank of India (RBI) on Friday. Lakshmi Kant Rao has been appointed as Executive Director (ED). Earlier, Rao was working as Chief General Manager in the Regulation Department.
The Reserve Bank said in a statement that R. Lakshmi Kanta Rao has been appointed Executive Director (ED). RBI said that before being appointed Executive Director, Rao was working as Chief General Manager in-charge in the Regulation Department. He will now handle the work of Deposit Insurance and Credit Guarantee Corporation, Right to Information Act (FAA) and Department of Communications as Executive Director.
It is noteworthy that R. Lakshmi Kant Rao has more than three decades of experience working in the Reserve Bank. He has worked in the areas of regulation of banks and NBFCs, bank supervision and consumer protection.
