October 14, 2026 03:33 am (IST)
IDBI Bank's MK Jain appointed as RBI deputy governor
New Delhi, June 4 (IBNS): The Centre on Monday appointed MK Jain as the new deputy governor of Reserve Bank of India (RBI).
He has been appointed for a term of three years.
The post became vacant following SS Mundra's term completion on July 31, 2017.
Jain is currently serving as the managing director and chief executive officer of IDBI Bank.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Citi and Credendo announce USD 328 million financing for IndiGo’s eight Airbus aircraft
Tue, Oct 13 2026
Shree Cement commissions 3 MTPA cement grinding facility with an investment of AED 115 million in UAE. All details here
Tue, Oct 13 2026
Adani, Jabil join hands for AI manufacturing in India: What we know about the mega deal
Tue, Oct 13 2026
Sensex, Nifty rally after prolonged slump: IT stocks, Rupee gains lift market sentiment
Tue, Oct 13 2026
MDR charges on UPI implementation postponed till this date! What do customers and merchants need to know now?
Tue, Oct 13 2026
Onion inflation crosses 108 percent in September as India's retail inflation rises to 5.54 percent
Mon, Oct 12 2026
