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Former RBI Governor And Architect Of Modern Indian Banking, M Narasimham Passes Away In Hyderabad
Former RBI governor M Narasimham (Administrative Staff College of India)
Former governor of Reserve Bank of India (RBI), 94 year old Maidavolu Narasimham passed away in Hyderabad on Tuesday (20 April).
He joined RBI as a research officer in the Economics department and is the only governor who rose from the ranks of RBI.
Narasimham who is popularly called as the architect of modern Indian banking, had chaired two high-powered committees on banking and financial sector reforms.
The first high-powered committee he chaired was in 1991 on the financial system and second one in 1998 on banking sector reforms. ....

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