NEW DELHI - The Indian government has appointed M. Rajeshwar Rao as one of the Reserve Bank of India's deputy governors, according to a statement issued on Wednesday.

Before his elevation, Rao was an executive director at the Reserve Bank of India.

(Reporting by Mayank Bhardwaj; Editing by Hugh Lawson) ((mayank.bhardwaj@thomsonreuters.com; +91-11-4954 8030; Twitter: @MayankBhardwaj9; Reuters Messaging: mayank.bhardwaj.thomsonreuters.com@reuters.net))