IDBI Bank CEO Mahesh Jain Appointed As RBI Deputy Governor

State-run IDBI Bank CEO Mahesh Kumar Jain was appointed as a deputy governor of the Reserve Bank of India (RBI), the government announced on Monday. His appointment is for three years, Rajeev Kumar, secretary, Department of Financial Services at the Ministry of Finance, said on Twitter. Mr Jain has more than 30 years of experience in the banking sector. He has in the past served on boards of Exim Bank, NIBM (National Institute of Bank Management) and IBPS (Institute of Banking Personnel Selection).