London : 24 April :-
Former governor of the Reserve Bank of India is likely to soon be the governor of England’s central bank. Rajan is named as Governor of England. Bank of England is considered to be the most prestigious institution. All the banks in England are managed by the bank.
According to a report by Financial Times, London’s leading newspaper, the central bank has started searching for a new governor. The new governor will take over the bank’s resources from next year.
Mark Carn is currently working as the Governor of England’s central bank. His tenure ends in June 2019. In 2013, Carney took the central bank’s shoulder on its shoulders. For the first time in the last three decades, the bank’s responsibility went to the foreigners on behalf of Carney.
England’s finance minister Philip Hammond has indicated that he will appoint a new man on the post of Governor. Hammond has said that Carney’s heir is in search of a man and that he can be a foreigner. Apart from Raghuram Rajan, Governor of Bank of England, the original Indian, Shrishti Wadera is also in the race.
Financial Times, in an article, said Raghuram Rajan, former Governor of the Reserve Bank of India, could be given the responsibility of Bank of England instead of the head of Mexico’s central bank and new manager of Bank of International Settlements, instead of Austin Karstens.