Urjit Patel’s elevation is exactly the moment for thisSo the Government of India has announced the name of the next Governor of the Reserve Bank of India. Message in the dataGiven the statutory requirement to deal with inflation, the incoming Governor of the RBI has his task cut out. More recently, Governor Raghuram Rajan has made it necessary for the commercial banks to address their non-performing assets (NPAs). So, generally the RBI has done a good job of regulating India’s financial sector. India is lucky to have a Central Bank Governor with these qualities.

Source: The Hindu August 22, 2016 20:03 UTC