The government on Monday, 1 September 2008, appointed Finance Secretary Duvvuri Subbarao as Governor of the Reserve Bank of India (RBI) in place of Y.V. Reddy, who completes his term on 5 September 2008.
He will be the 22nd Governor of the RBI. Dr. Subbarao’s appointment will be for three years. Dr. Subbarao is an alumnus of IIT Kanpur and topper of the IAS (1972 batch).
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