B. Central board of directors consists of-
1. The Governor- At present Dr.Raghuram Rajan
2. 4 Deputy Governors- At present four deputy governors are Urjit Patel, H.R. Khan, R. Gandhi, S.S. Mundra
3. 2 finance ministry representatives
4. 10 government nominated directors to represent important element from India’s Economy
5. 4 directors to represent local boards headquartered at Mumbai, Kolkata, Chennai, and New Delhi.
These Boards have been established, respectively, in Mumbai. Kolkata, Chennai and New Delhi. The term of nominated members is for four years as per the Reserve Bank of India Act. Governor and Deputy Governors are appointed by the government for a period of 5 years. Central Board of Directors must hold at least ‘6'
meetings in a year and at least one meeting in 3 months. Bank's central Office is located in Mumbai. The RBI has 19 regional offices; most of them are in state capitals and 9 sub offices.
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These Boards have been established, respectively, in Mumbai. Kolkata, Chennai and New Delhi. The term of nominated members is for four years as per the Reserve Bank of India Act. Governor and Deputy Governors are appointed by the government for a period of 5 years. Central Board of Directors must hold at least ‘6'
meetings in a year and at least one meeting in 3 months. Bank's central Office is located in Mumbai. The RBI has 19 regional offices; most of them are in state capitals and 9 sub offices.
Source
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