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:
“I can forgive even that wrong of wrongs,
Those undreamt accidents that have made me
Seeing that Fame has perished this long while,
Being but a part of ancient ceremony
Notorious, till all my priceless things
Are but a post the passing dogs defile.”
—William Butler Yeats (1865–1939)