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The Independent UK
The Independent UK
National
Via AP news wire

India’s new central bank governor takes over as economic growth slows and inflation rises

Inflation India Sanjay Malhotra Economic Growth Shaktikanta Das RBI
India Federal Bank Governor - (Reserve Bank of India)

Sanjay Malhotra, a career civil servant, became India's new central bank governor on Wednesday as the country's economic growth slows and inflation is rising.

The Reserve Bank of India said Malhotra, a former revenue secretary, will formulate India’s monetary policy for the next three years.

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