Tuesday, August 9, 2011

SUBBA RAO GETS TWO YEARS EXTENSION AS GOVERNOR OF RBI


exclusive 

D SUBBA RAO 
GETS TWO YEARS EXTENSION
AS GOVERNOR OF RESERVE BANK OF INDIA

By R Rajagopalan

Prime Minister Dr Manmohan Singh on Tuesday approved
extension of two years to Dr D Subba Rao as Governor of Reserve Bank of India
Extension in view of stability in fae of global markets crisis. Subba Rao was to retire 
on September 5, 2011 This move is to give industry a confidence about Govt 
stability to tackle crisis and insulate Indian markets. Subba Rao is an IAS officer 
of 1972 batch of Andhra Pradesh cadre. 

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