Government of India has invited applications for the post of RBI deputy governor by November 30 to replace incumbent Michael Patra at the Reserve Bank of India (RBI).
Applicants need to have at least 25 years of work experience in public administration or similar years of experience in an Indian or international public financial institution.
The government will also consider persons of exceptional merit and track record at the national or international level in the relevant fields. However, 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, an advertisement in newspapers and also on the RBI website said.
«The committee may also recommend relaxation in the eligibility and qualifications / experience criteria, in respect of outstanding candidates,» the advertisement said.
Patra, has been deputy governor incharge of the crucial monetary policy department for close to six years starting in January 2020. He is on his second one year extension which will end in January 2025.
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