RBI Extends Deputy Governor Swaminathan Janakiraman’s Term by Two Years

The Union government has extended the term of Reserve Bank of India deputy governor Swaminathan Janakiraman for an additional two years, effective June 26, 2026, the RBI announced on Friday.

Swaminathan Janakiraman, the senior-most deputy governor, first assumed office on June 26, 2023. He oversees critical departments, including supervision, inspection, consumer education and protection, financial inclusion, and human resources.

An executive MBA graduate from the National Institute of Business Management, Chennai, Janakiraman spent nearly three-and-a-half decades at State Bank of India before taking on the role of RBI deputy governor.