Dr YV Reddy, former Governor, Reserve Bank of India, and recognised worldwide for his great stewardship of the central bank in times of crisis talks on the Global Financial Crisis that the world had been going through since 2007 and how India was impacted and how India dealt with it.
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Y V Reddy, Dr
Dr. Reddy (born on August 17, 1941, in Patur, Cuddapah District, then in Madras Presidency, British India) received his M.A. in economics from Madras University, India. He holds a Ph.D. from Osmania University, Hyderabad. He also holds a Diploma in Economic Planning from the Institute of Social Studies, The Netherlands.
He joined Indian Administrative Service in 1964. He served in Governments of Andhra Pradesh, Government of India and World Bank, and rose to the position of Secretary (Banking) in Ministry of Finance in 1995. He moved to Reserve Bank of India in 1996 as Deputy Governor, and then to International Monetary Fund in 2002 as Executive Director on the Board.
Yaga Venugopal Reddy, better known as Y.V. Reddy, was the 21st Governor of the Reserve bank of India from 2003-2008 and the Chairman of the Fourteenth Finance Commission of India from 1st Feb. 2013 to 31st December 2014.
Between 2008-13, Reddy has been active in academia, and was associated with University of Hyderabad, Indian Institute of Technology, Madras, and Columbia University, New York. He served as a member of the United Nation’s Commission of Experts on Reforms of the International Monetary and Financial System.