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Who could be the next RBI governor?

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. HT reports.

india Updated: Aug 01, 2013 09:54 IST

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. http://www.hindustantimes.com/Images/Popup/2013/8/RBI1.jpg



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 http://www.hindustantimes.com/Images/Popup/2013/8/RBI2.jpg



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 http://www.hindustantimes.com/Images/Popup/2013/8/RBI3.jpg



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 http://www.hindustantimes.com/Images/Popup/2013/8/RBI4.jpg



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.