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Non-Official Directors
August 10 , 2018
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- Appointments Committee of Cabinet (ACC) has approved the appointment of
- Chartered Accountant Swaminathan Gurumurthy and
- Businessman Satish Kashinath Marathe
as another non-official director on Central Board of Reserve Bank of India (RBI).
- They have been appointed for a period of four years.
Central Board of Directors composition
- It comprises RBI Governor, Deputy Governors (maximum 4).
- 4 non-official Directors, nominated by Central Government (each Non-official director represents the local Boards located in Delhi, Chennai, Kolkata, and Mumbai representing 4 regions of India).
- 10 Non-official Directors nominated by RBI itself (persons having expertise in various segments of Indian Economy).
- Besides, there is 1 representative (usually Financial Services Secretary) of Central Government nominated under Section 8 (1) (d) of the RBI Act.
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