YV Reddy appointed RBI Governor for five-year term

Official confirmation came on Friday that Dr Y. Venugopal Reddy will take over as governor of the Reserve Bank of India for a five-year term. The present governor, Dr Bimal Jalan is expected to move into politics.

Source: Business Line

Dr Y. Venugopal Reddy has been appointed the new Governor of the Reserve Bank of India for a five-year term. Dr Reddy, who is currently India's Executive Director to the International Monetary Fund (IMF), will assume office from the day the present Governor, Dr B