..........The
government is likely to announce the appointment of Patel as the new
Deputy Governor — in charge of monetary policy — ahead of both Gokarn
and Kalpana Kochhar, an economist with the IMF, said a person aware of
the government’s thinking. The race was largely supposed to have been between Gokarn and Kochhar, according to a story carried in this paper as well as others. Patel
has worked in a diverse range of institutions, both in public and
private sectors. These include stints with the IMF and as a consultant
to the ministry of finance as well as two years at the RBI between 1995
and 1997.......
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