 During Mehta’s tenure, a slew of economic reforms were introduced making the Indian capital market one of the most modern and efficient ones in the world, attracting both the local and foreign investors in large numbers.From 1992 to 1995 Mehta served as the Deputy Governor of the Reserve Bank of India (RBI) which is the Central Bank of India.Still earlier, from 1991 to 1992 he was the Director General of Foreign Trade, Government of India, and Ministry of Commerce.