India new RBI chief says economy 'fundamentally sound' 1 of 2. Raghuram Rajan, newly appointed governor of Reserve Bank of India (RBI), arrives for a news conference at the bank's headquarters in Mumbai September 4, 2013. Rajan, a suave, unflappable University of Chicago economist, will step into the eye of the storm roiling India's economy on Thursday as the new governor of India's central bank and chief defender of a nose-diving rupee. Credit: Reuters/Danish Siddiqui