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Business News/ Politics / Policy/  Govt to appoint Raghuram Rajan’s successor at RBI by mid-July: report
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Govt to appoint Raghuram Rajan’s successor at RBI by mid-July: report

Former RBI deputy governors Subir Gokarn and Rakesh Mohan are front-runners to succeed Raghuram Rajan

The govt is keen to make the announcement before Parliament’s monsoon session that’s scheduled to start 18 July, the report said. Photo: MintPremium
The govt is keen to make the announcement before Parliament’s monsoon session that’s scheduled to start 18 July, the report said. Photo: Mint

New Delhi: The government is likely to appoint a successor to outgoing central bank governor Raghuram Rajan by 15 July, the Wall Street Journal reported, citing an official it didn’t identify.

The government is keen to make the announcement before Parliament’s monsoon session that’s scheduled to start 18 July, the report said. Former Reserve Bank of India deputy governors Subir Gokarn and Rakesh Mohan are front-runners to succeed Rajan, who said he’d return to academia when his term ends in September following attacks by a member of Prime Minister Narendra Modi’s ruling party.

Other candidates include chief economic adviser Arvind Subramanian and current deputy governor Urjit Patel and any decision will be made by Prime Minister Narendra Modi, according to the WSJ report. Bloomberg

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Published: 05 Jul 2016, 07:07 PM IST
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