Overview
- The Central Government re-appointed Swaminathan Janakiraman as Deputy Governor of the Reserve Bank of India for two years, with the term taking effect on June 26, 2026.
- The reappointment was announced in an official RBI statement and reflected in government/DoPT notifications reported by national news agencies.
- Janakiraman first became a deputy governor in June 2023 when he succeeded MK Jain, and the new term extends his presence in the bank’s senior management.
- The RBI continues to list four deputy governors; the other three named in reporting are Poonam Gupta, Shirish Chandra Murmu and Rohit Jain.
- Under the RBI Act, 1934 the central bank customarily has four deputy governors with a mix of internal officers, a commercial banker and an economist, and this move keeps that statutory structure unchanged, which supports continuity in policy and operations.