After spending a nearly a year at the Deposit Insurance and Credit Guarantee Corporation, Reserve Bank of India’s Executive Director G Gopalakrishna is back at the central bank in the department of banking supervision. Gopalakrishna had been a strong contender for the deputy governor’s post but dropped out of reckoning and was shifted to DICGC. Now that he is back and will become the senior-most ED when Deputy Governor Anand Sinha retires next February, he will be a strong contender to replace Sinha.