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Raghuram Rajan is next RBI governor

Posted on: 06/Aug/2013 5:07:27 PM
Prime Minister Manmohan Singh has approved Mr. Rajan`s appointment, Finance Minister P. Chidambaram said Tuesday. 

His appointment at the Reserve Bank of India will be for three years, Mr. Chidambaram said.
 
Rajan will replace D Subbarao, who completes his five-year term on September 4, and will be the 23rd governor of the central bank.

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