The Reserve Bank of India has elevated Janak Raj to the executive director’s post. He will be the in-charge of the monetary policy department. Presently, he is principal adviser in the monetary policy department. With this, the RBI will have 12 EDs, its full strength.
Janak Raj replaces Michael Patra who was the executive director of the monetary policy department. Mr. Patra was appointed as Deputy Governor earlier this month.
