Indian PM could name Arvind Panagariya as RBI chief

July 11, 2016 12:03 PM

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NEW DELHI, July 11 Indian Prime Minister Narendra Modi could name his policy adviser, Arvind Panagariya, as the next governor of the Reserve Bank of India, two television channels reported on Monday, citing unnamed government sources.

The TV channels - CNBC Awaaz and ABP News - also said that a formal announcement of the decision was expected in next 48 hours.

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