S Gurumurthy, Satish Marathe appointed to RBI board
The Centre has appointed Rashtriya Swayamsevak SanghRSSaffiliate Swadeshi Jagaran Manch coconvenor Swaminathan Gurumurthy and businessman Satish Kashinath Marathe to the Central Board of the Reserve Bank of India RBI
New Delhi: The Centre has appointed Rashtriya Swayamsevak Sangh(RSS)-affiliate Swadeshi Jagaran Manch co-convenor Swaminathan Gurumurthy and businessman Satish Kashinath Marathe to the Central Board of the Reserve Bank of India (RBI).
The names were approved on Tuesday as per provisions of Section 8 1C of the RBI Act, 1934 by Prime Minister Narendra Modi-led Appointments Committee of the Cabinet.
They have been appointed as a part-time, non-official director for the period of four-year.
With the two new appointments, the total number of government-appointed directors on the RBI board has reached 10.