Ex-RBI deputy guv KC Chakrabarty passes away | Economic Times

Former Reserve Bank of India deputy governor Kamalesh Chandra Chakrabarty passed away on Friday morning due to heart attack. One of the most colourful personalities in Indian banking who was known for speaking his mind, Chakrabarty served the central bank from June 2009 to April 2014, resigning three months ahead of the completion of his term citing personal reasons.Prior to his stint as central banker, he was the chairman & managing director of Punjab National Bank. He had also led Indian Bank for two years.Chakrabarty started his career as a teacher and researcher at the Banaras Hindu University before joining Bank of Baroda where he rose through the ranks to become general manager.As RBI deputy governor, Chakrabarty championed the cause of customers' rights and financial inclusion. He had also contributed to the fields of banking supervision and human resources management.