The Appointments Committee of the Cabinet (ACC) has approved the appointment of Shirish Chandra Murmu as the Deputy Governor of the Reserve Bank of India (RBI). He is currently serving as the Executive Director at the apex bank.
The latest minutes of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting in August have showed divide between the RBI leadership and government-nominated members over the growth outlook of the Indian economy, according to a report by Union Bank of India.