MUMBAI The Reserve Bank of India's Deputy Governor Subir Gokarn's term has been extended to December 31, a finance ministry official, who did not wish to be named, said on Wednesday.
Gokarn's three-year term was supposed to end on November 24. He handles the monetary policy department among others and also represents the RBI at the G-20 Deputies' forum. (Reporting by Arup Roychoudhury; Editing by Prateek Chatterjee)
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India will release data on Monday showing it remains one of the fastest growing economies in the world, but economists are struggling to reconcile that rosy picture with ground realities like weak exports, investment, and flat corporate order books. Full Article