The Reserve Bank of India (RBI) is set to get a new Deputy Governor, with the government deciding against giving any further extension to Subir Gokarn. The finance ministry had earlier extended Gokarn’s tenure till December 31, after his three-year term expired in November. Gokarn, in charge of the monetary policy department, was appointed in November 2009. “An order naming a new deputy governor was expected anytime now, maybe on Monday itself,” a source said. Among the names doing the rounds in the finance ministry are Kalpana Kochhar, chief economist for South Asia with the World Bank, and economist Urjit R Patel. However, no confirmation was available on the names................
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