Urjit Patel appointed new Governor of RBI; to assume office on Sept. 5
20 August, New Delhi
Urjit Patel has been appointed as new Governor of Reserve Bank of India.
He will succeed Raghuram Rajan. 52 year Urjit Patel was a RBI Deputy Governor prior to this elevation.
Patel will assume office as the 24th RBI governor for three years on 5th September, a day after Rajan’s term ends.
Patel is a PhD from Yale University and has worked at the International Monetary Fund (IMF), The Brookings Institution at Washington and the Massachusetts-based Boston Consulting Group.