RBI appoints R Lakshmi Kanth Rao as new Executive Director

Mumbai (Maharashtra) [India], May 11 (ANI): The Reserve Bank of India (RBI) has appointed R Lakshmi Kanth Rao as Executive Director (ED) with immediate effect.

Before being promoted to ED, Rao served as Chief General Manager-in-Charge in the Department of Regulation.

Rao has experience of over three decades in the Reserve Bank having worked in the areas of Regulation of Banks and NBFCs, Supervision of Banks, and Consumer