Chakrabarty quits PNB; takes charge as RBI Dy Governor

Punjab National Bank CMD K C Chakrabarty has quit his post after his appointment as RBI Deputy Governor.

"K C Chakrabarty has demitted office on June 14, 2009 on his appointment as Deputy Governor, Reserve Bank of India," PNB said in a filing to the Bombay Stock Exchange.

Chakrabarty's appointment to RBI came in place of V Leeladhar who had retired in December.

RBI has four deputy governors, of whom Rakesh Mohan has resigned to take a teaching profession in Stanford University in the United States.