.....But what set tongues wagging was that Agarwal had resigned full 20 months before his term ended. This was the first time a regulator was stepping down before the end of his term. Agarwal was appointed PFRDA chairman for five years in June 2010, after he had served as the chairman of IDBI Bank. The regulator had been without a chairman for over six months after Agarwal's predecessor, Dhirendra Swarup, retired in December 2009. Agarwal's views were diametrically opposite to those of Swarup. ......
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