Mumbai: Reserve Bank of India deputy governor NS Vishwanathan has quit three months ahead of his retirement in June due to health reasons, posing a challenge for navigation of key supervisory and regulatory functions of the central bank in one of its most difficult times, people familiar with his decision said.
The RBI did not respond to an email seeking comment.
Vishwanathan has been a lifetime regulator after joining the service in 1981. He is an authority on the rules and regulations governing the banking industry and is seen as the “go-to” man to know the rule book. It was because of this authority that he was given a one-year extension last June after Shaktikanta Das became the governor.