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RBI distributes portfolios of B P Kanungo among remaining deputy governors

Kanungo was in charge of currency management, IT, payments, forex, legal, other departments

The RBI was at the forefront of providing stimulus to the economy last year, while the Narendra Modi-led government followed with modest fiscal steps
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BS Web TeamPTI
Reserve Bank of India on Monday distributed portfolios of B P Kanungo among remaining three deputy governors as he retired last week. 
The senior-most deputy governor BP Kanungo retired from the Reserve Bank on completion of his one-year extension on Friday. Now, the central bank has reshuffled its 32 departments among the three deputy governors -- M K Jain, Patra and M Rajeshwar Rao.
Besides the portfolio of monetary policy department, Patra has been assigned 10 other departments, including external investments and operations, statistics and information management, financial markets operations and financial stability unit, the RBI said in a statement.

Jain has

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