Former RBI guv Narasimham dies at 94

MUMBAI: Former Reserve Bank of India (RBI) governor M. Narasimham passed away on Tuesday at a Hyderabad hospital following covid-related illness. He was 94. Narasimham is the only governor to be appointed from the Reserve Bank cadre. He was the 13th governor of the RBI and served a short tenure of seven months between May and November 1977, before he was succeeded by IG Patel. He joined the RBI as a research officer in the economics department. He joined the government and prior to his appointment as governor, he served as additional secretary, department of economic affairs.