Government extends RBI Deputy Governor Swaminathan Janakiraman's tenure by two years
The central government has re-appointed Swaminathan Janakiraman as Deputy Governor of the Reserve Bank of India for a period of two years with effect from June 26, 2026, the RBI said on June 5, 2026. Janakiraman, who was first appointed in June 2023 (succeeding M.K. Jain), will continue in office, maintaining the RBI's four-deputy-governor structure.
Key Facts & Details
7 points- 1Swaminathan Janakiraman re-appointed RBI Deputy Governor for two years.
- 2Extension effective June 26, 2026.
- 3He was first appointed Deputy Governor in June 2023, succeeding M.K. Jain.
- 4The RBI maintains a four-deputy-governor structure.
- 5Announced via an RBI statement on June 5, 2026.
Deep Dive
- +Janakiraman previously served as Managing Director of the State Bank of India.
- +RBI Deputy Governors assist the Governor in monetary policy, regulation and supervision.
Exam Focus
Whose tenure as RBI Deputy Governor was extended by two years from June 26, 2026?
Related Topics
Exam Relevance & Angle
Appointments and extensions at the RBI are core banking-awareness items frequently tested across banking and SSC/UPSC exams.
Target Exams
Background & Context
The RBI has a Governor and up to four Deputy Governors. Their appointments and tenures are decided by the central government's Appointments Committee of the Cabinet.
Related GK Concepts
Must KnowTest Yourself
1 / 2Who was re-appointed as RBI Deputy Governor for two years effective June 26, 2026?
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