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HindustanTimes Thu,18 Sep 2014

Raghuram Rajan takes over as 23rd governor of Reserve Bank

PTI  Mumbai, September 04, 2013
First Published: 15:36 IST(4/9/2013) | Last Updated: 15:37 IST(4/9/2013)

Raghuram Rajan on Wednesday took over as the new governor of the Reserve Bank of India (RBI).


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Rajan, 50, an economics professor who also served as chief economist at the International Monetary Fund, took charge from D Subbarao.

The duo shook hands warmly and hugged after Rajan signed papers taking over as the 23rd governor of the central bank.

"Ten minutes ago, I handed over charge to Raghuram Rajan," Subbarao said after stepping out of Mint Road. "The country could not have asked for a more capable person to lead the RBI in these most difficult times."


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