INTRODUCTION

K C Chakrabarty
Born on June 27, 1952 Dr. Chakrabarty has outstanding academic credentials. He is a second rank holder in his bachelors degree in science, first rank holder gold medalist in Masc. statistics and has a doctorate in statistics. He started his career in teaching and research at the Banaras Hindu University and went on to have a long and distinguished career of 26 years at the Bank of Baroda in various capacities

 Financial inclusion a road India needs to travel . Article by Dr K C Chakrabarty, Deputy Governor of the Reserve Bank of India, public-shed on www.livemint.com on 21 September 2011. PDF charts to the above speech can be

found on the Reserve Bank of Indias website.

 Dr. Kamalesh Chandra Chakrabarty has

joined Punjab National bank (PNB) as its Chairman & Managing Director. Earlier, he was Chairman & Managing Director of Indian Bank .
Dr. Chakrabarty, a Gold Medalist in M.Sc.

(Statistics), did his Ph.D. in Statistics from BHU, Varanasi. He joined Bank of Baroda as Planning Officer in 1978 and progressed to the post of General Manager in a short span. He held important positions in Bank of Baroda .
In 2004, Dr. Chakrabarty was elevated to the post

of Executive Director in Punjab National Bank and assumed charge as Chairman & Managing Director of Indian Bank on 9th June 2005.

Dr. Chakrabarty has also held the following important assignments / Director, Central positions: Depository Service Ltd. (CSDL);

Director, BOB Housing Finance Limited; Director, Bareilly Corporation Bank Member, Committee on Direction on Banking Statistics; Member Co-ordinator, Committee of Transfer Price Mechanism; Member, IBA Committee of Economists; Member, Committee constituted by IBA to study the experience of Financial Sector Reforms in select SouthEast Asian countries.

RBI Re-Appoints K C Chakrabarty As Deputy Governor For Three Months To Ensure Continuity
Taking a step further towards extending the tenure

of Reserve Bank of India (RBI) Deputy Governor, K C Chakrabarty, the apex bank reappointed him on his post for a period of three months beyond June 14, 2012. The Government of India has re-appointed Dr. K C Chakrabarty as the Deputy Governor of the Reserve Bank of India for a further period of three months beyond June 14, 2012 or until further orders, whichever is earlier, said RBI in a notification.
The short term extension is given in a bid to

maintain continuity until the appointments committee of the cabinet approves a two-year extension.

 Chakrabarty was appointed as Deputy Governor in

2009 for a period of three years from the date of his taking charge and his term would have come to an end on June 14, added the notification.
Meanwhile, the two years extension comes with

the norm drawn by the apex bank for the position. As per the norm, a deputy governor is granted retirement at the age of 62, therefore, Chakrabarty, who completes 60 years this month, is eligible for reappointment for the extension.