These prohibitions are meant to protect the integrity of the institution. Governance arrangements The "general superintendence and direction of the affairs and business" of the RBI are "entrusted to the Central Board of Directors".
The Central Board nominated by the  BIS Review 37/2008  3  Government, consists of fourteen eminent persons 1 drawn from different walks of life, who are the non-official Directors. The Secretary dealing with Economic Affairs in the Ministry of Finance is also a Director on the Central Board and has voice but not vote.