Wednesday, January 2, 2013

RBI Deputy Governor Subir Gokarn retires

The Deputy Governor of the Reserve Bank of India (RBI) Subir Gokarn retires. So the Governor of RBI D Subbarao will now be directly in-charge of the monetary policy department which was earlier under Subir Gokarn. Actually Gokarn's three years term had ended in November 2012, but the government had given him one-month extension which expired on December 31, 2012. 
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