India’s New Central Banker Faces Nervy Markets After Rajan Rally

  • Patel’s inflation hawk reputation seen reducing rate-cut odds
  • Bonds, equities rallied over final weeks of Rajan’s term

'Inflation Hawk' Patel is India's New Central Banker

Investors in Indian markets have a recent rally in bonds and stocks to thank for any nervousness Urjit Patel’s appointment as central bank boss is causing.

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