India cuts RBI governor shortlist to four, officials say
India cuts RBI governor shortlist to four, officials say By Douglas Busvine and Rupam Jain NEW DELHI (Reuters) - The government has narrowed down its list of candidates to become the next governor of the Reserve Bank of India to four, a senior government official told Reuters. A new Monetary Policy Committee also will be chosen soon, the official said. The moves seek to ensure policy continuity after RBI chief Raghuram Rajan shocked markets 10 days ago when he announced he would not seek reappointment in September. The failure of negotiations on his possible return had sparked fears that Rajan's departure could put at risk the inflation-targeting central banker's gains in stabilising Asia's third-largest economy over the past three years. Sending a reassuring message to markets, the official said that the list of candidates to replace Rajan had been whittled down to four - three of them central bank veterans, with t...