Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

Amitabh Dubey

Political Analyst, India Research
+91 99999 10781

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Recent India research

* India: Stake sales to test Modi’s political will, Shumita Sharma Deveshwar, 10 Aug 2017
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* India: Smooth GST rollout masks important risks, Shumita Sharma Deveshwar, 27 Jul 2017
* India: Politics hampers RBI’s battle for credibility, Shumita Sharma Deveshwar, 13 Jul 2017
* India: Food deflation changes electoral dynamics, Amitabh Dubey, 7 Jul 2017

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India: New RBI Governor's appointment signals continuity, but expect change

Overview

In our analysis following Raghuram Rajan’s decision to leave the Reserve Bank of India (RBI), we put Urjit Patel at the top of the list of contenders for the post of Governor, and we gave him – along with just one other candidate – the highest ranking in terms of reformist credentials. The government announced on 20 August that Patel will indeed succeed Rajan next month, and we examine below what his appointment means for central bank...

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