Kumari Palany & Co

Urjit Patel assumes charge as new RBI Governor

Posted on: 06/Sep/2016 10:53:19 AM
The Reserve Bank of India (RBI) in a press release has mentioned: Dr. Urjit R. Patel assumed charge as the twenty-fourth Governor of the Reserve Bank of India effective September 4, 2016 after serving as Deputy Governor since January 2013.
 
He has taken over from Raghuram Rajan.Patel was serving as RBI`s deputy governor since January 2013 and was in charge of monetary policy
 
He was re-appointed as deputy governor on January 11, 2016 after completion of his first three-year term of office.
 
Patel has a PhD in economics from Yale University, an M Phil from the University of Oxford and a BSc from the University of London.