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Major News and Events of 26 July 2016

What Happened on 26 July 2016


26 July 2016 Current Events Government delays selecting new RBI Governor
Government delays selecting new RBI Governor

The government has delayed the search for a new governor for the Reserve Bank of India. As per media reports, sources have revealed that a new replaced would only be announced after the Raghuram Rajan chairs his final policy meeting next month. It has also been revealed that Kaushik Basu has made it to the shortlist of candidates likely to take over when Rajan’s term expires on September 4 this year.