RBI may have more role for Nachiket

......Mor has also been included in the four-member high-level advisory committee headed by former RBI governor Bimal Jalan to vet bank licence applications. Many believe these to be the precursor to something much bigger. If the buzz in the central bank corridors are anything to go by, a much greater role at RBI could be coming Mor’s way. He is seen as a strong contender to be a Deputy Governor. Of the four deputy governors RBI has, two are promoted from within the ranks, while the other two — usually an economist and a former commercial banker — are hired from outside. The terms of two RBI deputy governors are to end in 2014. Anand Sinha, promoted from within RBI and spearheading the process of new banking licences, retires in January. And, former banker K C Chakrabarty’s term ends in June........

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