BusinessUrjit Patel Appointed New RBI Governor, To Succeed Raghuram Rajan
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Urjit Patel Appointed New RBI Governor, To Succeed Raghuram Rajan
The government promoted Urjit Patel to serve as the next RBI governor
He headed a panel that recommended landmark changes to monetary policy
Mr Patel will start his three-year term on September 4
Urjit Patel to serve as the next RBI governor for a three-year term.
New Delhi/Mumbai: The government promoted Urjit Patel, a deputy governor in charge of monetary policy at the Reserve Bank of India, to serve as its next governor for a three-year term, it said on Saturday.
He will replace Raghuram Rajan, a former International Monetary Fund chief economist who stunned financial markets in June by announcing he would step down in September and return to academia after a single three-year term at the ...