Updated By: LatestGKGS Desk
RBI Board: Government appoints S Gurumurthy, Satish Marathe as part-time directors
S Gurumurthy and Satish Marathe appointed as part-time directors of Reserve Bank of India (RBI)
The government on Tuesday appointed journalist S Gurumurthy and Satish Marathe patron of Sahakar Bharathi as part-time directors on the Reserve Bank of India (RBI) board after an approval from the appointments committee of the cabinet. Both appointments are for a four-year term.
Both appointments were approved by the appointments committee of the cabinet after a proposal from the department of financial services.
Details about newly appointed directors-
S Gurumurthy is currently the editor of Tamil political weekly Thuglaq and also the co-convenor of RSS affiliate Swadeshi Jagran Manch.
Satish Marathe is the patron of Sahakar Bharathi, an NGO furthering the co-operative moment in India.
The latest appointments take the total government-appointed directors on the RBI board to 10, the maximum permitted.
Besides, the government also has two government officials on the board.
