The Clearing Corporation of India Limited (CCIL) has announced the appointment of Mr. M. Rajeshwar Rao as Independent Director and Non-Executive Chairman, marking a significant leadership transition at the country’s systemically important financial market infrastructure institution. He succeeds Mr. R. Gandhi, who recently retired as Chairman of CCIL. Mr. Rao brings over four decades of…
As Shri M. Rajeshwar Rao concludes his distinguished tenure as Deputy Governor of the Reserve Bank of India (RBI) on October 8, 2025, it is an opportune moment to reflect on his significant contributions to India’s financial landscape. Appointed on October 9, 2020, Shri Rao’s leadership spanned pivotal phases, including the post-pandemic economic recovery and…
In a significant leadership appointment, the Government of India has named Shri Shirish Chandra Murmu as Deputy Governor of the Reserve Bank of India (RBI), effective October 9, 2025, for a three-year term. A senior and highly respected central banker, Shri Murmu currently serves as an Executive Director at the RBI and brings with him…
