Don’t miss the latest developments in business and finance.

Urjit Patel right man to succeed Raghuram Rajan: Narayana Murthy

Murthy said Patel should continue with what Rajan started in terms of balancing growth and inflation

N R Narayana Murthy
Press Trust of India New Delhi
Last Updated : Aug 20 2016 | 8:36 PM IST
After backing a second term for Raghuram Rajan, Infosys founder and IT doyen NR Narayana Murthy on Saturday called Urjit Patel as the "right man" to succeed Rajan and hoped the new Governor will balance growth and inflation.

"He is the right man to succeed Raghuram Rajan. Who better than him to see what needs to be done to stimulate growth and contain inflation," Murthy said while extending wishes to Patel on his appointment.

The IT doyen had batted for re-appointment of the former IMF chief economist saying he deserved at least two more terms for all the "great job" he has done.

Also Read

On his wishlist from the new governor, Murthy said Patel should continue with what Rajan started in terms of balancing growth and inflation and clean up of banking system.

Asked if India Inc would be disappointed given Patel's stance on inflation, Murthy said: "Technical issues must be left with experts. I, as a citizen of the country, will accept what he decides."

More From This Section

First Published: Aug 20 2016 | 8:28 PM IST

Next Story