Kamalesh Chandra Chakrabarty or K. C. Chakrabarty, (27 June 1952 – 26 March 2021) was an Indian banker who served as one of the four Deputy Governors of the Reserve Bank of India (RBI) (India's central bank) from 15 June 2009 to 25 April 2014, resigning three months ahead of the completion of his term.
[7] He served as the Deputy Governor of the Reserve Bank of India between 2009 and 2014, leaving office three months prior to his term end.
[7] During this time, he was relieved of most of his responsibilities when an off-the-record comment attributed to him, had him calling out the central bank's inadequacy in controlling inflation.
[9][10][11][12][13][14] He resigned from the central bank's position three months before the end of his term in 2014, and later briefly shifted base to London in the United Kingdom.
[15] In 2018, he was named as a suspect by the Central Bureau of Investigation in two cases, including one relating to bad loans to the now defunct Kingfisher Airlines.
[16][17] During his role with the RBI, he advanced the financial inclusion actions of the bank aimed at driving down service costs for end customers.