Swaminathan Janakiraman, the newly appointed deputy-governor of the Reserve Bank of India (RBI), will look after six departments, including supervision and inspection.

Janakiraman replaced M.K. Jain who recently demitted from office after the completion of his term.

Last week, the government appointed Janakiraman who was the managing director of the State Bank of India (SBI) as the deputy- governor of the RBI for three years from the date of joining.

RBI on Monday disclosed that apart from the supervision and inspection departments, Janakiraman will look after the premises department, Rajbhasha department and consumer education & protection section.

According to the RBI Act, 1934, the central bank should have four deputy-governors — two from within the ranks, one commercial banker and an economist to head the monetary policy department. The other three deputy-governors are Michael Debabrata Patra, M. Rajeshwar Rao and T. Rabi Sankar.

Among them, Patra will supervise 11 departments, including the departments of monetary policy and financial stability. Sankar will lead currency management, external investments and operations, information technology, payment & settlement systems, fintech and foreign exchange.