Arun Jaitley holds hour-long meeting with PM Modi to discuss new RBI Governor

Arun Jaitley holds hour-long meeting with PM Modi to discuss new RBI Governor

Finance Minister Arun Jaitley on Thursday held an hour-long discussion with Prime Minister Narendra Modi over appointment of new RBI Governor, a post that will fall vacant on September 4.

The high-profile meeting, which took place at the Prime Minister's residence here, is believed to have deliberated on various names who could succeed Raghuram Rajan, who demits office early next month on completion of his 3-year tenure. Asked about the announcement of next Governor, Finance Minister Arun Jaitley said: "We will let you know when we decide. You will come to know about the conclusion, not the process."