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Govt shortlists 4 candidates to succeed Rajan as RBI guv

Rajan may join the search committee to appoint three external members of a new six-member RBI Monetary Policy Committee

Policy Pulse
Publish Date: Jun 27 2016 4:45PM | Updated Date: Jun 27 2016 4:48PM

Govt shortlists 4 candidates to succeed Rajan as RBI guv

The Centre has shortlisted four candidates to become the next governor of Reserve Bank of India, a report said on Monday.

 
It also added that new Monetary Policy Committee also will be chosen soon.
 
Few days back RBI chief Raghuram Rajan and said that he would not seek reappointment after his tenure ends  in September.
 
Four names which are doing rounds were current RBI Deputy Governor Urjit Patel, former deputy governors Rakesh Mohan and Subir Gokarn, and State Bank of India Chair Arundhati Bhattacharya .
 
Report further said that that Rajan may join the search committee to appoint three external members of a new six-member RBI Monetary Policy Committee.
 
Objective was to ensure the MPC is constituted as soon as possible, so that Rajan's successor can be appointed on time.