Raghuram Rajan was tipped out as head of the Reserve Bank of India, he announced back in June he was moving on. Elements of the Bharatiya Janata Party (BJP) were behind the machinations to remove him.
- He's been replaced by new guy Urjit Patel, currently Deputy Governor at the bank
- Patel starts on September 4
More on his background here at Reuters, and more
I'm not sure, but I think Patel is big on the rap scene in Mumbai.
