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Second Time Lucky?

Second Time Lucky?

If a pattern exists, RBI Executive Director VK Sharma is the frontrunner for the deputy governor's post, which falls vacant on June 30, when current Deputy Governor Shyamala Gopinath retires.

G Gopalakrishna and VS Das are the other contenders. Based on seniority, Sharma would beat the competition.

In September 2004, Sharma took charge as Executive Director. At present, he is in charge of departments like currency management, rural planning and credit department, customer service and financial markets. According to a banking source, Sharma who had missed out in the past could be given a chance this time.

Among the four deputy governors currently holding office, KC Chakrabarty is a former banker, Subir Gokarn is an economist while Shyamala Gopinath and Anand Sinha are career central bankers. Ms Gopinath is in charge of internal debt management department, foreign exchange department, government and bank accounts and payment and settlement systems, besides other key responsibilities.

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