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Planning Commission member Saumitra Chaudhuri has emerged as the frontrunner for the post of next Reserve Bank of India governor. The government plans to issue the orders once the appointment committee of the Cabinet formally approves Chaudhuri's name. The term of present Governor D Subbarao ends on September 5. Prime Minister Manmohan Singh is learnt to be in favour of Chaudhuri as India's monetary policy regulator, to work in tandem with the government at a time when the economy is facing a downturn.........
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Monday, July 8, 2013
RBI top post: Saumitra Chaudhuri frontrunner
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