Rohit Jain Appointed RBI Deputy Governor for Three Years
Why in the news
The Government of India has appointed Rohit Jain, an Executive Director at the Reserve Bank of India, as Deputy Governor for a three-year term starting 3 May 2026.
Key facts
- Post: Deputy Governor, Reserve Bank of India.
- Term: three years from 3 May 2026 (or later, as the notification provides).
- Predecessor: T. Rabi Sankar, who has finished his term.
- Background: Executive Director since December 2020, looking after supervision work on risk, analytics and vulnerability assessment.
- Experience: nearly three decades at the central bank across supervision, human resources and banking operations.
- Portfolio: not specified in the notification; the allocation is expected to be announced separately.
About the Deputy Governor’s post
Deputy Governors are senior RBI officials, and Jain’s portfolio is yet to be specified. The appointment here is an internal promotion, as Jain rises from the Executive Director rank. He holds M.Com and MBA degrees along with the banking risk and regulation certificate and the CAIIB credential.
Exam angle
- Static pairing: Rohit Jain replaces T. Rabi Sankar.
- The term is three years, effective 3 May 2026.
- The appointment was made by the Government of India through a notification.