The RBI has issued an advertisement for the post, which is open for all.
Present deputy governor
The advertisement has been published in newspapers as well as on the RBI website. To apply, a candidate needs to be less than 60 years of age (can be relaxed in certain cases), with over 15 years of experience in banking and financial market operations. (S)he must also have held the positions of whole-time director or board member.
Fixed for three years, the role would offer a pay scale of Rs 2,25,000 per month.
Traditionally, RBI has been appointing four deputy governors; two from within the central bank, one economist generally from the government, and the other from the public banking sector.
The ad however doesn’t specify whether the candidate has to be from public sector or can be from private sector as well.