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Published on 9/08/2018 10:50:28 AM | Source: Dion Global Solutions Ltd.

Government nominates Satish Kashinath Marathe and Swaminathan Gurumurthy to RBI Board

Posted in Economy News| #RBI #Economy #Banking Sector #Government

The government of India has nominated Satish Kashinath Marathe and Swaminathan Gurumurthy to Reserve Bank Central Board, according to an official statement.

“In exercise of the powers conferred by clause (c) of the sub-section (1) of Section 8 of the Reserve Bank of India Act, 1934, the Central Government has nominated Satish Kashinath Marathe and Swaminathan Gurumurthy as directors of the Central Board of the Reserve Bank of India for a period of four years with effect from August 7, 2018 or until further orders, whichever is earlier,” RBI said in a press release.