MUMBAI -- A week after Reserve Bank of India Gov. Raghuram Rajan revealed plans to step down, the big question on many minds is whether any replacement for the "superstar" central banker can finish cleaning up the banking sector.
Speculation over a successor began almost immediately after the announcement. Potential candidates include Arundhati Bhattacharya, who chairs State Bank of India, the nation's largest commercial bank; Urjit Patel, Rajan's right-hand man and an RBI deputy governor; and former RBI Deputy Gov. Rakesh Mohan. Many expect Prime Minister Narendra Modi and Finance Minister Arun Jaitley to appoint the next central bank chief by mid-July.
