RBI chief to assume charge at 3.15 p.m.

Duvvuri Subbaro was appointed as 22nd governor of Reserve Bank of India on September 1st by the Central Government. The news RBI chief will assure charge of the assigned responsibility from his predecessor, Yaga Venugopal Reddy at 3:15 p.m. today. An engineering graduate from the elite Indian Institute of Technology (IIT) – Kanpur, Subbarao topped the civil services examination in 1972 and was assigned the Andhra Pradesh cadre.