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RBI appoints Neeraj Nigam as new Executive Director | Daily Current Affairs Dose

RBI appoints Neeraj Nigam as new Executive Director | Daily Current Affairs Dose

Dear Aspirants, EducationBro is here with a Daily Current Affairs Dose. In this session, we will make the candidates aware of the daily current affairs topics, which will improve their general awareness, while also taking care that the candidates should not have any shortage of trending current affairs related to any country and abroad. Today’s Current Affairs topic is RBI appoints Neeraj Nigam as new Executive Director.

Our Daily Current Affairs Dose 2023 will help you to crack the General Awareness section of Banking Insurance SSC Railway UPSC and all government jobs exams.

RBI appoints Neeraj Nigam as new Executive Director | Daily Current Affairs Dose

Neeraj Nigam appointed as Executive Director of RBI: The Reserve Bank of India (RBI) has appointed Neeraj Nigam as the new Executive Director (ED) with effect from April 03, 2023.

Prior to being promoted as Executive Director (ED), Neeraj Nigam was heading the Bhopal Regional Office of the Reserve Bank of India (RBI) as Regional Director.

Read Also: Manmeet K Nanda appointed as new MD & CEO of Invest India

RBI new ED Neeraj Nigam: Professional Life 

Neeraj Nigam has, over a span of more than three decades, served in Regulation and Supervision, Human Resource Management, Premises, Currency Management, Bank Accounts and other areas in the Reserve Bank, in its Central Office as well as Regional Offices.

Read Also: G Krishnakumar appoints as BPCL Chairman & Managing Director

As the RBI Executive Director Nigam will look after

  • Consumer Education and Protection Department
  • Financial Inclusion and Development Department
  • Legal Department
  • Secretary’s Department

RBI ED Neeraj Nigam: Education Life

Neeraj Nigam holds a Bachelor’s degree in Civil Engineering from Barkatullah University, Bhopal besides having earned the professional qualification of Certified Associate of Indian Institute of Banking and Finance (CAIIB).

Read Also: RBI appoints Ajay Kumar Choudhary as new Executive Director | Daily Current Affairs Dose

Important facts for upcoming exams from the above Current Affairs Topic

  • Establishment of Reserve Bank of India (RBI): 1 April 1935
  • Headquarters of RBI: Mumbai, Maharashtra, India
  • Governor of RBI: Shaktikanta Das
  • Deputy Governor of RBI: Mahesh Kumar Jain, Dr. M. D. Patra, M. Rajeshwar Rao and T. Rabi Sankar
  • Ownership of RBI: Ministry of Finance , Government of India

Current Policy Rates

  • Policy Repo Rate: 6.50%
  • Reverse Repo Rate: 3.35%
  • Marginal Standing Facility Rate: 6.75%
  • Bank Rate: 6.75%

Current Reserve Ratio

  • CRR: 4.50%
  • SLR: 18.00%

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