S S Mundra

Mundra will replace Justice Vikramajit Sen.

Fomer RBI deputy governor S S Mundra Friday said that privatisation is not a panacea for all the ills and this myth has long been busted

The RBI Deputy Governor will demit the office on July 31

What we always do is to curb the undue volatility in the forex market, says Mundra

His comments come to the fore as SBI chairperson Arundhati Bhattacharya's three-year term ends on Saturday

Bats for five-year stint for PSB chief executives

Mundra also said Urjit Patel's appointment as the next governor of RBI will ensure continuity of policy

Mundra further said his colleague Patel has been continuously involved with RBI and has a clear opinion on all issues

Narendra Modi administration has set a target to double farm income by 2022

Says it leads to over-indebtedness of customers, results in default and spoils their credit history

The RBI deputy governor said rural credit distribution imbalance is another problem that affects rural development