Even a non-PhD economist can do well as RBI Guv: Ex-RBI Guv D Subbarao

Former Reserve Bank of India (RBI) Governor D Subbarao said even a non-PhD economist can do well as head of the central bank. In an interview to CNBC-TV18, Subbarao said the Centre should choose a candidate who can command respect from the market. His statement comes a day after RBI Governor Urjit Patel resigned from his post citing personal reasons. Subbarao said Patel was seemingly pushed beyond his level of comfort. Without speculating on who the next governor will be, Subbarao said, “The government will have the task of restoring…

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