Reacting to the appointment of Shaktikanta Das as the new RBI governor, Pronab Sen, former adviser of Planning Commission said that it was too early to predict how Das would run the central bank.

“This is an unfortunate impression that this was already planned for and that is going to put enormous amount of strain on Mr. Das,” Sen said.

“I have no problem with his appointment. My problem is in the manner in which the appointment was made which is very unfortunate that practically within 24 hours of Dr. Patel’s resignation the new governor is put in place,” he added.

Jason Yek, country risk analyst at Fitch Solutions said that the new RBI governor appointment will ease the concerns.

"We expect new RBI governor, Shaktikanta Das to achieve a delicate balance," he said.