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Govt to invite fresh applications for RBI Deputy Governor post

The government will soon invite fresh applications for the post of RBI Deputy Governor, a position that fell vacant after S S Mundra retired on completion of his three-year term on July 31, 2017.

The proposed bond raising programme aims at funding infrastructure and affordable housing, SBI said in a filing to stock exchanges.
The funding comes under Indradhanus plan of the government which promised Rs 70,000 crore over period of four years ending March 2019.
The SBI on Friday had asked the account holders to apply for new cheque books before December 31, 2017 to avoid any inconvenience.