RBI Deputy Governor Anand Sinha Retires

Reserve Bank of India Deputy Governor Anand Sinha, who was looking after the new bank licence process, has retired, even as the procedure for granting licences to the private sector is yet to be completed. His portfolio has been allocated to other three deputy governors. It is also believed that Dr. Sinha would be appointed as an adviser to the central bank for three months so that his expertise can be utilised for short-listing of applicants for bank licences.

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