Swaminathan Janakiraman, currently the managing director of State Bank of India, will succeed Mahesh Kumar Jain, whose tenure ends on June 22. Jain was appointed as a deputy governor in June 2018 for three years. He was re-appointed in June 2021 for a further two-year period. Jain is in-charge of the department of supervision, financial inclusion and development, consumer education and protection, among others.
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