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RBI Deputy Governor M. Rajeshwar Rao’s Tenure Extended for One Year

RBI Deputy Governor M. Rajeshwar Rao’s Tenure Extended for One Year:

The government has approved a one-year extension for M. Rajeshwar Rao as Deputy Governor of the Reserve Bank of India (RBI), effective October 9, 2024. This decision was made by the Appointments Committee of the Cabinet (ACC), chaired by Prime Minister Narendra Modi, following a notification dated October 4.