Post Partition
When British India was partitioned into India and Pakistan in 1947, Deshmukh oversaw the post-partition division of the assets and liabilities of the Reserve Bank between India and Pakistan.
The Indian Government nationalized the Reserve Bank on January 1, 1949. Deshmukh saw through the smooth transition of the Bank from a shareholder’s institution to a national institution.
Read more about this topic: C. D. Deshmukh
Famous quotes containing the word post:
“My business is stanching blood and feeding fainting men; my post the open field between the bullet and the hospital. I sometimes discuss the application of a compress or a wisp of hay under a broken limb, but not the bearing and merits of a political movement. I make gruel—not speeches; I write letters home for wounded soldiers, not political addresses.”
—Clara Barton (1821–1912)