The Deputy Governor of the Reserve Bank of Republic of Republic of India (RBI) Subir Gokarn retires. So the Governor of RBI D Subbarao volition directly hold upward straight in-charge of the monetary policy region which was before nether Subir Gokarn. Actually Gokarn’s 3 years term had ended inward Nov 2012, but the authorities had given him one-month extension which expired on Dec 31, 2012.
The authorities is all the same to finalize the adjacent Deputy Governor of RBI. There are 4 deputy governors inward RBI, of which 2 are from the cardinal banking concern itself, ane is from the banking sector as well as the quaternary is an economist. Prior to joining RBI, Gokarn was the Chief Economist of Standard & Poor’s Asia-Pacific.
Update : Economist as well as populace finance skillful Urgit Patel stepped into the shoes of Subir Gokarn. Read the Complete Story Here
Subir Goran RBI Deputy Governor Retires Kalpana Kochhar volition hold upward the adjacent RBI Deputy Governor