Urjit Patel right man to succeed Raghuram Rajan: Narayana Murthy

Narayana Murthy, who had earlier batted for Raghuram Rajan's second term, wished Urjit Patel will continue cleaning up the banking system

PTI August 21, 2016 11:07:12 IST
Urjit Patel right man to succeed Raghuram Rajan: Narayana Murthy

New Delhi - 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.

Urjit Patel right man to succeed Raghuram Rajan Narayana Murthy

NR Narayana Murthy. Reuters

"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.

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. Who am I to second guess him?"

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