BP Kanungo took over as the Deputy Governor of the Reserve Bank of India (RBI) in Mumbai today.
The government on March 11 appointed Kanungo, who was holding the position of Executive Director of RBI, as Deputy Governor for a period of three years.
He has worked in several functional areas of the banks such as foreign exchange management, banking and non-banking supervision, currency management, government and bank accounts and public debt.
Kanungo has also served as the head of regional offices of RBI at Jaipur and Kolkata besides holding the position of the Banking Ombudsman for Madhya Pradesh and Chhattisgarh.
