In surprise move, RBI Deputy Governor Kamalesh Chandra Chakrabarty resigns, cites personal reasons

Mar 21 2014, 10:15 IST
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K C Chakrabarty, 62, who was appointed as RBI Deputy Governor in 2009, could not be contacted as he was travelling. Reuters K C Chakrabarty, 62, who was appointed as RBI Deputy Governor in 2009, could not be contacted as he was travelling. Reuters
SummaryRBI Deputy Governor Kamalesh Chandra Chakrabarty has resigned three months before his term was to end.

In a surprise move, Reserve Bank of India (RBI) Deputy Governor Kamalesh Chandra Chakrabarty has resigned three months before his term was to end.

Chakrabarty has "requested to be relieved earlier than the scheduled (term ending June 15, 2014)," a top government source said.

Kamalesh Chandra Chakrabarty, 62, who was appointed as RBI Deputy Governor in 2009, could not be contacted as he was travelling.

The source, however, did not say why he has sought an early end to his term.

Chakrabarty was appointed as RBI Deputy Governor for a three-year term on June 15, 2009 and was subsequently given a two-year extension. His extended term was to come to end on June 15, 2014.

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