Urjit Patel is new RBI governor: Farewell to Mr. Rajan

*Urjit R Patel* is an eminent economist, consultant and banker, currently appointed as Governor of theReserve Bank of India . He was also Advisor of the Boston Consulting Group . He will be taking over the office as Governor of Reserve Bank of India after Dr. Raghuram Rajan. As Deputy Governor of RBI, Dr Patel looks after Monetary Policy, Economic Policy Research, Statistics and Information Management, Deposit Insurance, Communication and Right to Information. Currently appointed as 24th RBI Governor replacing Dr Raghuram Rajan . He will assume charge with effective from September 4, 2016. Raghuram Govind Rajan an Indian economist, has been serving as the 23rd Governor of the Reserve Bank of India, and as the Vice-Chairman of the Bank for International Settlements. He was chief economist at the International Monetary Fund from 2003 to 2007, the youngest to occupy the position.

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