The first policy review by the new RBI governor will take place on Monday and Tuesday. After his one aim the job after his predecessor Raghuram Rajan. Investors are keen to hear Dr Patel's views as he has made no public appearances since becoming governor on Sept. 4, following three years as a deputy to his predecessor, Raghuram Rajan.

Investors say they will seek clues to how Dr Patel plans to steer the rupee through some pressure over coming months due to expected outflows of $25 billion as dollar deposits raised during a rupee crisis three years ago are due to mature.

Dr Patel, a former executive at energy conglomerate Reliance Industries, will also be scrutinized to see how he follows through on a campaign to make banks clean up their balance sheets. Some bankers have complained that Dr Rajan's March 2017 deadline was pushing them too fast.

"We would like to get some clarity on the governor's thoughts on the banking sector, on the deadline of cleaning up bad debt as this is a priority for the economy," said D.K. Joshi, chief economist at CRISIL Ratings.