"Since investors are more interested in the continuity of policies, markets will be happy if the government and the new governor give good signals. MUMBAI: Speculation about whether the government will extend the services of RBI Governor Raghuram Rajan was raging for the last several weeks. "We had good RBI Governors in the last 20 years and hope that the government will appoint another good governor now," says AK Sridhar, CIO, IndiaFirst Life Insurance. Treat it similar to a management change in companies," says Chandresh Nigam, MD & CEO, Axis Mutual Fund. So most people were expecting an extension for him," says Rajiv Shastri, MD and CEO, Peerless Mutual Fund.

Source: Economic Times June 20, 2016 00:07 UTC