K .J. Udeshi
Deputy Governor
Reserve Bank of India

Mrs. K. J.Udeshi has over thirty five years of experience as a central banker. Within the Reserve Bank, she has been at the forefront of dismantling exchange controls and ushering in liberalization in capital account transactions.

Her present responsibilities include oversight of all commercial banks – public, private and foreign – all India financial institutions and non-bank finance companies. In her capacity as a Member of the Core Principles Liaison Group (CPLG) of the Basel Committee on Banking Supervision her immediate challenges would be to implement soon-to-be-finalised revised Basel II Capital Accord in India.

She is currently vice chairman of the Board for Financial Supervision (BFS) which performs integrated supervision over the Indian financial system.

She has been on the Board of State Bank of India, the largest bank in India.

She is currently on the Governing Board of Securities & Exchange Board of India (SEBI), the apex body for regulating capital market in India. She also represents RBI on the Board of National Bank for Agriculture & Rural Development (NABARD). She is Chairperson of Deposit Insurance & credit Guarantee Corporation (DICGC).