HindustanTimes Mon,22 Dec 2014

Who could be the next RBI governor?

Hindustan Times  New Delhi, August 01, 2013
First Published: 00:31 IST(1/8/2013) | Last Updated: 09:54 IST(1/8/2013)
Finance minister P Chidambaram’s remarks that Reserve Bank of India governor Duvvuri Subbarao is not keen to stay on in his job when his term ends in September, has triggered speculation about his likely successor.

Subbarao’s tenure has been marked with hawkish policy stance that sometimes evoked strong remarks from the govt. A look at who could replace him.


Urjit Patel

Current position: Deputy Governor, RBI, since January 2013

Track record: Worked with The Boston Consulting Group, International Monetary Fund (IMF), the finance ministry's economic affairs department, and Reliance Industries Ltd.


Saumitra Chaudhuri

Current position: Member, Planning Commission, since 2009

Track record: Is among India's topmost policy makers. He is also a member of the Economic Advisory Council to the Prime Minister, and has headed and been a part of several government committees.

Arvind Mayaram

Current position: Economic affairs secretary, since August 2012

Track record: Career bureaucrat. A 1978-batch IAS officer of the Rajasthan cadre, took over as economic affairs secretary in August 2012. Has played a key role in liberalising FDI norms.

Raghuram G Rajan

Current position: Chief economic adviser, finance ministry

Track record: A former IMF chief economist and Chicago University professor, famed for his perceptive warnings about the global financial crisis of 2008. He took after as India's CEA last year.


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