A strong likelihood of continuity in policies was the biggest draw for top bankers, as they welcomed the appointment of Urjit Patel as the 24th Governor of the Reserve Bank.

"Patel has played a key role in developing the new monetary policy framework that has focused on reining in inflation and imparted stability to the currency," country's largest private sector lender ICICI Bank's managing director and CEO Chanda Kochhar said.