Economy RBI appoints Sudha Balakrishnan as first chief financial officer, says report Updated : May 28, 2018 10:41 AM IST Balakrishnan, who will be the 12th executive director of the RBI, will have a three year term. The CFO will be eligible for a monthly salary of Rs 2 lakh with housing or Rs 4 lakh per month without housing. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.