India appoints Modi ally as new central bank head

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2018-12-12T12:28:00+05:00

New Delhi: The Indian government 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.

APP/AFP

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