Ex-RBI Governor S. Venkitaramanan dies at age 92

  • S. Venkitaramanan, former Governor of the Reserve Bank of India (RBI) and member of the Indian Administrative Service, passed away in Chennai.
  • He served as RBI Governor from 1990 to 1992, a period marked by a severe balance of payments crisis, and previously as Finance Secretary to the Government of India.
  • During his tenure, India adopted the IMF’s stabilisation programme, which included rupee devaluation and the initiation of economic reforms.
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