The Reserve Bank of India Headquarters in New Delhi (Photographer: Kuni Takahashi/Bloomberg)
Urjit Patel as next RBI Governor will bring “great continuity” at the central bank, his fellow Deputy Governor SS Mundra said, describing him as “a man of clear opinion who may bring some changes”.
In fact, almost all economists unanimously agreed that Patel’s appointment will ensure a smooth transition at the RBI after Raghuram Rajan’s departure on September 4, in conversations with BloombergQuint.