Urjit Patel takes over as RBI Deputy Governor
Urjit Patel took over as a Deputy Governor of the Reserve Bank of India (RBI) on Monday, succeeding Subir Gokarn, whose three-year contract ended last year. After a brief extension, Gokarn stepped down on 31 December. Prior to this, Patel was an adviser at Boston Consulting Group. His term at the central bank will be for three years, starting 11 January, RBI said in a statement. He will be RBI’s fourth deputy governor, the other three being K.C. Chakrabarty, Anand Sinha and Harun R. Khan. Sinha’s term ends next month. It is not known yet whether he will get an extension......
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