Current Affairs - Awards and Honours - Discussion

R. Lakshmi Kanth Rao has been appointed as the Executive Director at RBI, effective May 10, 2024. In this role, he will oversee the Deposit Insurance and Credit Guarantee Corporation, ensuring the protection of depositors' interests and handling matters concerning the Right to Information Act and communication within the RBI. Rao brings over 30 years of experience in banking regulation, supervision, and consumer protection, contributing significantly to policy formulation and serving in various capacities such as banking ombudsman and regional director.