RBI invites applications for deputy governor post as SS Mundra term to end in July

The Reserve Bank of India has started hiring for the post of deputy governor and the central bank has released a public notice stating the qualifications of the applicants. 

On Wednesday, the apex bank invited applications from the interest applicants with 15 years of experience in banking and financial marketing operations. 

The last day of submitting the application form which is now available on RBI website, is June 21, 2017.

As per the release, RBI is looking for a suitable candidate with an extensive experience as full time director/ board member. A candidate should have senior-level understanding of supervision and compliance in the financial sector. 

Moreover, a candidate must have strong competencies working with financial performance data, including interpreting, summarising and communicating high-level output. Also, the candidate should have strong and clear communication skills on matters of public policy, as stated by RBI's notice. 

The central bank also mentioned that the candidate must not be more than 60 years of age as on July 31, 2017 and post carries the pay scale of Rs 2.25 lakh. The appointee will be for a period of three years. 

RBI is looking for replacement for deputy governor SS Mudra whose term will be ending on July 31. 

According to a media report, out of four RBI deputy governors, two of them were appointed internally, one who had a career in public sector bank and the fourth one is an economist.