New RBI Governor likely to be announced today

TIL Desk/Business/New Delhi- The finance ministry is likely to announce the next governor of the Rerserve Bank of India today. As incumbent RBI Governor Raghuram Rajan’s exit date, which falls on September 4 nears, speculations about his successor have been doing the rounds for the past few weeks.

Former deputy governor Subir Gokarn and current deputy governor Urjit Patel are in the race for the top job. The other names doing the rounds are that of Chief Economic Advisor Arvind Subramanian, NITI Aayog Vice-Chairman Arvind Panagariya, Former RBI Deputy Governor Rakesh Mohan, SBI Chairman Arundhati Bhattacharya and Economic Affairs Secretary Shaktikanta Das. To discuss the same, Prime Minister Narendra Modi on Thursday met Finance Minister Arun Jaitley for over an hour.