India Inc Hopes Urjit Patel Will Keep Raghuram Rajan’s Policies Alive

India Inc will closely watch Patel’s policies on interest rates and the fight against bad loans.

Customers drink and talk at the Aer rooftop bar at the Four Seasons Hotel as buildings stand nearby in the Worli area of Mumbai. (Photographer: Kuni Takahashi/Bloomberg)

Corporate India welcomed Urjit Patel’s appointment and hoped that he will carry forward the policies initiated by outgoing Reserve Bank of India governor Raghuram Rajan.

“Markets should exhale,” said Anand Mahindra while R Seshesayee, chairman of Infosys hailed the government’s decision as a ‘wise choice’. Tata Steel’s Group Executive Director Koushik Chatterjee said Patel’s appointment augurs well for the economy.

India Inc will closely watch Patel’s policies on interest rates and the fight against bad loans.

‘Take Rajan’s Policies Forward’

‘Markets Will Be Relieved’

Positive For The Economy

‘Issues Waiting to Be Addressed’

‘Conversant With Forex Volatility’

‘Policies Will Be Keenly Watched’

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