Indian government appoints new director to RBI board


The Indian government has nominated Damodar Acharya, a professor at the Indian Institute of Technology, to fill a vacant space on the board of directors of the Reserve Bank of India (RBI). The position had been open since Shashi Rajagopalan, a previous member of the board, died in August 2011.

Acharya holds a PhD in industrial engineering and operations research, and taught engineering for 27 years at the Indian Institute of Technology, where he eventually headed the department of industrial

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