S Gurumurthy, Satish Marathe appointed to RBI board

August 08, 2018 10:03

The Centre has appointed Rashtriya Swayamsevak Sangh-affiliate Swadeshi Jagaran Manch co-convenor Swaminathan Gurumurthy and businessman Satish Kashinath Marathe to the central board of the Reserve Bank of India.

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. -- ANI

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