K V Kamath New Finance Minister

Prime minister narendra modi may induct new development bank president k v kamath and rajya sabha member of parliament swapan dasgupta into his council of ministers news agency ians reported on saturday.

K v kamath new finance minister. Kamath is currently facing a probe by the central bureau of investigation cbi in two bank loan fraud cases. The same rumours are back with delhi and mumbai buzzing on icici banks former chairman k v kamath becoming india s finance minister. Kundapur vaman kamath commonly referred to as k. If kamath becomes finance minister it will be a deviation from traditions and paves way for great changes.

Just a few months back a buzz was created that k v kamath is going to be the next finance minister. The issue will also be widely discussed not only within the country but also abroad. Kv kamath veteran banker and chairman of brics bank is soon expected to be inducted as minister of state in the finance ministry news agency ians reported citing unidentified sources. Now this coincided with the news that prime minister.

Now that prime minister narendra modi is meeting dozens of people to see how to fix the indian economy new delhi s rumour mills are abuzz about a new finance minister soon after the coming budget replacing the current finance minister nirmala sitharaman. Kamath 72 may get the minister of state mos for finance portfolio while dasgupta 64 may become mos in the human resource. Kv kamath s recent exit as the president of the national development bank led by the five brics member countries has added fuel to speculations. We all know that banker kv kamath quit his post as president of national development bank ndb recently.

Kamath is front runner for next finance minister january 16 2020 new delhi. The 72 year old kamath who was appointed chairman of brics bank in 2015 held the post till he demitted office earlier this week and was replaced by brazilian marcos prado troyjo. Political circles and social media are abuzz with rumours that eminent banker kundapur vaman kamath may soon replace nirmala sitharaman as union finance minister of india. If rumour mills are to be believed kv kamath may be named as india s finance minister replacing nirmala sitharaman.

Ever since he left the ndb office banker kv kamath s name is making the headlines for being the next in line to replace india s current finance minister nirmala sitharaman. He completed five years in office. Kamath 72 has served as chairman of private sector icici bank and software behemoth infosys in the past.