Reddy to take over as RBI chief on Saturday
Source: Reuters
Executive director at the International Monetary Fund, Y Venugopal Reddy, will take over as the central bank governor for a five-year term beginning on September 6th, a spokeswoman for the central bank said on Wednesday.
He will replace Bimal Jalan, who was nominated to the upper house of parliament late last month.
Reddy was deputy governor
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