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Mumbai, May 18 (IANS) The Reserve Bank of India (RBI) on Monday promoted Gunveer Singh as Executive Director, according to an official statement issued by the central bank.Prior to his elevation, Singh was serving as Chief General Manager-in-Charge of the Department of Payment and Settlement Systems at the RBI.His appointment as Executive Director has come into effect from Monday.In his new role, Singh will oversee the Department of Payment and Settlement Systems, the central bank said.“The RB…