Dr. K. C. Chakrabarty has been re-appointed as Deputy Governor of Reserve Bank of India. A RBI press release informs that his tenure will now last upto 30th June, 2014, that is till he attains the age of 62 years or until further orders.

Chakrabarty was appointed as RBI’s Deputy Governor in 2009 for a period of three years. He handles departments like customer services, administration and personnel management, rural planning and credit and urban banks.