The Indian government has appointed Rohit Jain as the new Deputy Governor of the Reserve Bank of India (RBI). This appointment, effective from May 3, 2026, will last for a period of three years or until further notice. Jain, previously an Executive Director, assumes this role under the powers granted by the Reserve Bank of India Act, 1934.
Government of India, vide its notification dated May 02, 2026, and in exercise of the powers conferred by clause (a) of sub-section (1) of section 8 of the Reserve Bank of India Act 1934, read with sub-section (4) of section 8 thereof, has appointed Shri Rohit Jain, Executive Director as Deputy Governor of Reserve Bank of India for a period of three years from the date of joining the post on or after May 03, 2026 or until further orders, whichever is earlier.
FAQ :
Shri Rohit Jain has been appointed as the new Deputy Governor of the Reserve Bank of India.
The government's notification regarding the appointment was issued on May 02, 2026.
Rohit Jain has been appointed for a period of three years from his joining date, which is on or after May 03, 2026, or until further orders, whichever is earlier.
Rohit Jain was an Executive Director before his appointment as Deputy Governor.
He was appointed under the Reserve Bank of India Act, 1934.