Kamath leads race for RBI Deputy Governor post

New Delhi: Raghuram Rajan headed search panel has zeroed in on a successor to RBI deputy governor K.C. Chakrabarty and PNB chairman K.R. Kamath is believed to be top in the reckoning.

Besides RBI governor Mr Rajan, financial services secretary Rajiv Takru and other expert members on last Friday interviewed CMDs of nine public sector banks here, an official privy to the selection process said. The panel called those chief who have been heading a bank for more than one year.

Mr Kamath, being the senior most among the nine bankers, is the front runner for the post, the official added.