Centre appoints Thuglak editor S Gurumurthy, Satish Marathe to RBI board
They will work as part-time, non-official directors on the central bank’s board for four years.
The Appointments Committee of the Cabinet on Tuesday appointed journalist S Gurumurthy as a part-time, non-official director on the Reserve Bank of India’s central board for four years. Gurumurthy is the editor of the Thuglak magazine and co-convener of the Swadeshi Jagaran Manch, an affiliate of the Rashtriya Swayamsevak Sangh.
#BreakingNews | S Gurumurthy (@sgurumurthy) appointed to the RBI board. He is a well-known chartered accountant, political and economic writer and co-convenor of the Swadeshi Jagaran Manch. Also a vocal supporter of the RSS and BJP. pic.twitter.com/70gII5ZvRH
— BloombergQuint (@BloombergQuint) August 7, 2018
The Appointments Committee of the Cabinet also approved the name of Satish Marathe as a part-time, non-official director on the RBI’s central board for four years, Bloomberg reported.
“The RBI is one of the best central banks in the world,” Marathe, who Bloomberg called a “veteran in the cooperative sector”, told the news outlet. “It has led India through difficult times successfully, particularly during Venugopal Reddy’s period [as governor]. I have a strong background in the cooperative sector. I have worked in it for more than 40 years. We need to do a lot in the rural and agricultural sectors.
