Raghuram Rajan appointed as next RBI governor
NEW DELHI |
(Reuters) - The government has appointed Raghuram Rajan, the chief economic adviser in the finance ministry, to be the next governor of the Reserve Bank of India for a three year term, a statement by the finance minister said on Tuesday.
Rajan will replace Duvvuri Subbarao, whose tenure ends on September 4 after five years.
Rajan joined the government last August, having previously been chief economist at the International Monetary Fund and a professor at the University of Chicago.
(Reporting by Manoj Kumar and Rajesh Kumar Singh; Editing by Tony Munroe)
