Taking over from Maurice Obstfeld, Gita Gopinath will now be the second economist from India to assume the post at the Washington DC-based organisation, after notable economist and former RBI governor, Raghuram Rajan.
An exemplary economist who enhanced India's credibility in the global arena, Raghuram Rajan could end up winning the Nobel Prize in Economics, according to predictions made by research firm Clarivate Analytics.
Urjit Patel is expected to take over as the RBI Governor on the 5th of September, 2016. Kenyan-born Patel is believed to be hawkish on inflation, a fact that is music to the ears of investors looking to invest in India.
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