Brokerage houses divided over Reddy's exit
The race for the next RBI governor is heating up with speculations building that Dr Y V Reddy will not be taking an extension after his current term expires on September 5. But ahead of the decision, a poll conducted by Bloomberg, suggests that most brokerage houses expect Reddy to stay. When asked whether RBI Governor Reddy should stay or not, 8 out of 10 respondents said that he should stay to provide continuity to the economy at an uncertain time like this.
