Ben Shalom Bernanke, the past two-term chairman of the US Federal Reserve, will be in Mumbai on Tuesday to address key regulators and captains of India Inc. Bernanke is the chief guest at the second edition of Kotak Presidium, a thought leadership series being organised by Kotak Mahindra Bank.
This is Bernanke’s second visit to the city. As per Kotak Bank sources, the invitees include RBI Governor Raghuram Rajan and his deputies, Sebi chief U K Sinha and Irda chief TS Vijayan, apart from industrialists Cyrus Mistry, the Ambani brothers, Deepak Parekh, Kumar Birla, Adi Godrej, and leading bankers.
However, Rajan’s presence is unlikely as he is away in Washington.
Bernanke is likely to share his experience at the Fed during one of its worst periods. Bernanke, the two-term Fed chief from 2006 to January 2014 who replaced Alan Greenspan, is one of the most influential figures in American economic policy today.