Thursday, 8 August 2013

Raghuram Rajan; Next RBI Governor

RG Rajan
Raghuram Rajan
Duvvuri Subbarao, 22nd Governor of Reserve Bank of India (RBI), is going to complete his prescribed term on 04 September 2013. He assumed service as Governor on 05 SEP 2008 and was appointed for 3 years. In 2011, Prime Minister Manmohan Singh extended his service for 2 more years which comes to an end by this month. Raghuram G Rajan, Chief Economic Advisor, is soon going to replace D Subbarao as new Governor of RBI.





D Subbarao

D Subbarao preceded by Dr Y V Reddy(Yaga Venugopal Reddy), 21st Governor of RBI. Interestingly, both are Telugu's hailing from Andhra Pradesh. Together they held the post of RBI Governor for 10 consecutive years, a remarkable and prideful feat to achieve which should be embraced by all of us Telugu people. 


Few Remarkable Achievements of D Subbarao 
  • B Sc Hons, IIT Karagpur, Gold Medal
  • topped Civil services exam in 1972
  • Joint Secretary of Department of Economic Affairs (1988-1993), Govt of India
  • Lead Economist in world bank (1994-2004)
  • Finance Secretary in 2007
  • Governor of RBI since 2008

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