Government Announces New Reserve Bank Governor

Banking Finance News News

Business Mantra: Faridabad

Government of India announced Dr. Urjit Patel as 24th Governor of Reserve Bank of India, who will take charge after the term of Dr. Raghu Ram Rajan ends on 4th September, 2016. Presently, Dr. Urjit Patel is Deputy Governor of RBI. Dr. Patel is PhD in Economics from University of Yale, Washington and M.Phil from Oxford. Dr. Rajan has already appointed Dr. Patel as head of Monetary Policy Committee. This shows the intention of Government for continuing of present policies suggested by RBI.

Bankers have welcomed the Government’s move

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