The Telegraph
Monday , March 31 , 2014
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Chakrabarty replacement

New Delhi, March 30 (PTI): A Raghuram Rajan-headed search panel has zeroed in on a successor to RBI deputy governor K.C. Chakrabarty and Punjab National Bank chairman K.R. Kamath is believed to be top in the reckoning.

RBI governor Rajan, financial services secretary Rajiv Takru and other expert members on last Friday interviewed CMDs (chairman and managing director) of nine public sector banks here, an official privy to the selection process said.

The panel called those chiefs who have been heading a bank for more than a year.