Shri N. S. Vishwanathan took over as the Deputy Governor of the Reserve Bank of India today. The Government of India, on June 29, 2016 has appointed him as the Deputy Governor of the Reserve Bank of India, for a period of three years from the date of his taking over charge of the post on or after July 4, 2016 or until further orders, whichever is earlier.
Shri Vishwanathan was Executive Director of the Reserve Bank before being elevated to the post of Deputy Governor.
As Deputy Governor, Shri Vishwanathan will look after Department of Banking Regulation (DBR), Department of Co-operative Banking Regulation (DCBR), Department of Non-Banking Regulation (DNBR), Deposit Insurance and Credit Guarantee Corporation (DICGC), Financial Stability Unit (FSU), Inspection Department, Risk Monitoring Department (RMD) and Secretary’s Department.
Shri Vishwanathan, a career central banker, joined the Reserve Bank of India in 1981. His areas of expertise include regulation and supervision of banks, non-banking finance companies and cooperative banks, currency management, foreign exchange and human resources management. He had a three-year secondment to the Bank of Mauritius, the central bank of Mauritius, as Director, Supervision. He has also been the head of Chennai Regional office of the Reserve Bank.
Shri Vishwanathan was the Reserve Bank nominee on the Board of Directors of three public sector banks at different points in time. He was also the Chief Vigilance Officer and Head of Internal Audit, IFCI. He has been associated with various committees, working groups, and task forces. He represented the Reserve Bank in various international Committees. These are: Member of the Policy Development Group, BIS, Basel, Member of Macro Prudential Policy Group BIS, Basel, and Executive Committee Member of the International Credit Union Regulators Network.
Born on June 27, 1958, Shri Vishwanathan holds a Master’s degree in Economics from the Bangalore University.
Press Release : 2016-2017/23