<P> The central board of directors is the main committee of the central bank . The Government of India appoints the directors for a four - year term . The Board consists of a governor , and not more than four deputy governors ; four directors to represent the regional boards ; 2 -- usually the Economic Affairs Secretary and the Financial Services Secretary -- from the Ministry of Finance and 10 other directors from various fields . The Reserve Bank -- under Raghuram Rajan 's governorship -- wanted to create a post of a chief operating officer ( COO ) , in the rank of deputy governor and wanted to re-allocate work between the five of them ( four deputy governor and COO ) . </P>
<P> The central board of directors is the main committee of the central bank . The Government of India appoints the directors for a four - year term . The Board consists of a governor , and not more than four deputy governors ; four directors to represent the regional boards ; 2 -- usually the Economic Affairs Secretary and the Financial Services Secretary -- from the Ministry of Finance and 10 other directors from various fields . The Reserve Bank -- under Raghuram Rajan 's governorship -- wanted to create a post of a chief operating officer ( COO ) , in the rank of deputy governor and wanted to re-allocate work between the five of them ( four deputy governor and COO ) . </P>
who appoints governor of reserve bank of india
who appoints governor of reserve bank of india
The Government of India
The Government of India