Aviral Jain Appointed as Executive Director of RBI
| Aspect | Details |
|---|---|
| Appointment | Aviral Jain appointed as Executive Director (ED) of RBI from October 1, 2024. |
| Previous Role | Regional Director for Maharashtra. |
| Qualifications | Post-graduate in Economics, certified in AML/KYC, Capital Markets, and CAIIB. |
| Experience | Over three decades in Supervision, Currency Management, Foreign Exchange Regulation, and Human Resource Management. |
| Responsibilities | Oversee Legal Department, Premises Department, and Right to Information Act (RTI). |
| About RBI | Central Bank of India, owned by the Union Ministry of Finance. |
| Objectives of RBI | Issue banknotes, secure monetary stability, maintain price stability, and support economic growth. |
| Key Facts about RBI | First Governor: Sir Osborne Smith (1935-37). First Indian Governor: C.D. Deshmukh (1943-49). Emblem: Tiger and Palm Tree. |