Statement from Mr. VS Parthasarathy, Group Chief Financial Officer, Mahindra Group on appointment of Mr Urjit Patel as the next RBI Governor.
“Urjit means ‘Possesses Great Might’, the mighty task of continuing Rajan’s good work could not have been in better hands. As the new Captain takes charge at RBI, what is guaranteed, with a fresh perspective, is Continuity. This augurs well for the industry and the Country – a clear win-win. This will increase the markets’ and investors’ faith on direction and implementation of monetary & other policies.
I am sure that corporate India will welcome Dr. Patel’s appointment and look forward to a period of sustained forward momentum under his Governorship”