India has named Chief Economic Adviser Raghuram Rajan as the next Governor of the central bank after current Governor Duvvuri Subbarao steps down from the post in early September. Economists and investors welcomed the appointment but they said Mr. Rajan, who took over as chief economic advisor in India’s finance ministry in August last year, will have his work cut out. .....................
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Wednesday, August 7, 2013
Meet Raghuram Rajan, the New RBI Governor
India has named Chief Economic Adviser Raghuram Rajan as the next Governor of the central bank after current Governor Duvvuri Subbarao steps down from the post in early September. Economists and investors welcomed the appointment but they said Mr. Rajan, who took over as chief economic advisor in India’s finance ministry in August last year, will have his work cut out. .....................
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