The Reserve Bank of India (RBI) is awaiting identification of the capital city for opening of its office in Andhra Pradesh. Right now, it is not thinking in that direction and moreover there is no request as yet from the Andhra Pradesh authorities. “As of now we are operating from Hyderabad for both the States”, said K.R.Das, Regional Director, (RBI), AP and Telangana. As a practice, the RBI sets up its offices in all State capitals. “We will definitely have our office in Andhra Pradesh also. Let things settle down”, Mr. Das told presspersons here on Wednesday........
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