Former Deputy governor of RBI Janakiraman dead
Chennai: R. Janakiraman, retired Deputy Governor of the Reserve Bank of India, died in a private hospital here on Sunday. He was 70 and is survived by his wife. Janakiraman, who retired from the RBI in 1994, was widely considered an expert on the foreign exchange market. After his retirement, he confined himself to religious activities besides writing newspaper columns, where he mainly commented on the forex market. He was a columnist for Business Line. He headed the committee to enquire into securities transactions of banks and financial institutions, that was constituted in the wake of the securities scam in the early 1990s.
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