The Reserve Bank of India (RBI) on 20-01-2014 reallocated the portfolios of its three deputy governors K.C. Chakrabarty, H.R. Khan and Urjit R. Patel following the retirement of Anand Sinha, who demitted the office of deputy governor recently.
The department of banking operations and development, which were under Sinha, will now be looked after by Khan, while that of urban banks will be managed by Chakrabarty.
The departments of information technology and expenditure and budgetary control will be looked after by Khan and Patel, respectively. Khan will also look after the inspection portfolio, while the legal portfolio has been transferred to Chakrabarty. These portfolios will be reallocated once the new deputy governor takes charge,
