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Money News

India appoints M Rajeshwar Rao as RBI deputy governor

FILE PHOTO: A worker walks past the logo of Reserve Bank of India (RBI) inside its office in New Delhi, India July 8, 2019. REUTERS/Anushree Fadnavis/File Photo

NEW DELHI (Reuters) - The Indian government has appointed M. Rajeshwar Rao as one of the Reserve Bank of India’s deputy governors, according to a statement issued on Wednesday.

Before his elevation, Rao was an executive director at the Reserve Bank of India.

Reporting by Mayank Bhardwaj; Editing by Hugh Lawson

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