Urjit Patel assumes charge as 24th Governor of Reserve Bank of India
Posted on:06 Sep 2016 09:10:24
Free Current Affairs to Your Email
06 September 2016 Current Affairs: Urjit R Patel has assumed charge as the 24th Governor of the Reserve Bank of India (RBI) on 4 September 2016.
The handover ceremony will take place on 6 September 2016.
Patel had been serving as the Deputy Governor since January 2013.
Patel succeeds Raghuram Rajan, who after serving a three-year term, is going back to academia.
On 20 August 2016, the appointment committee of cabinet approved the appointment of Patel for three years.
Urjit R Patel : Urjit Patel headed a panel that recommended landmark changes to monetary policy in India. The changes included a switch to inflation-targeting and the creation of a panel to set interest rates. In January 2016, he was reappointed as the Deputy Governor in Charge of monetary policy, the department he headed from 2013.
Earlier between 1990 and 1995, he had worked with the International Monetary Fund (IMF) covering US, India, Bahamas and Myanmar.He carries a doctorate from Yale University.He also carries M Phil from Oxford.
FreshersLive - No.1 Job site in India. Here you can find latest 2018 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.