- The Appointments Committee of the Cabinet (ACC) headed by Prime Minister (PM) Narendra Modi, has approved the extension of the tenure of RBI(Reserve Bank of India) Deputy Governor, Bibhu Prasad Kanungo for a period of one year up to April 3, 2021. His tenure is going to end on April 2, 2020.
Key Points:
- Kanungo was appointed as the Deputy Governor of RBI on April 3, 2017.He was assigned the portfolio of monetary policy and forecasting department in addition to his regular portfolio currency management after the exit of Viral Acharya.
