India Appoints Modi Ally As New Central Bank Head

India appoints Modi ally as new central bank head

The Indian government Tuesday named an ally of Prime Minister Narendra Modi as new central bank head after his predecessor quit following a row about alleged government interference.

New Delhi, (APP - UrduPoint / Pakistan Point News - 11th Dec, 2018 ) :The Indian government Tuesday named an ally of Prime Minister Narendra Modi as new central bank head after his predecessor quit following a row about alleged government interference.

Shaktikanta Das, named in a government statement as new Reserve Bank of India governor, is a former senior finance ministry official and a key figure in Modi's controversial "demonetisation" scheme of 2016.