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Urjit Patel Becomes The New RBI Governor

In a shocking turn of events, Raghuram Rajan's infamous exit makes Urjit Patel the new RBI Governor. Rajan's exit and his decision to return to academics had caused a huge controversy a couple of months back with people questioning the intentions of BJP leaders. Urjit Patel, who was a close lieutenant to Rajan has now been given the post. Read to know more: 

Recommended Story: Arvind Panagaria can replace Rajan as RBI Governor

Urjit Patel Becomes The New RBI Governor

Urjit Patel Becomes The New RBI Governor

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  in Desi

Raghuram Rajan assured Indians that "he will always be available for India" post his exit. 

Raghuram Rajan assured Indians that

Urjit Patel helped to bring several monetary policy reforms since 1991. 

Urjit Patel helped to bring several monetary policy reforms since 1991. 

He has been an expert in inflation control policies.

He has been an expert in inflation control policies.

Patel will be the 8th deputy Governor for RBI. 

Patel will be the 8th deputy Governor for RBI. 

He will have the post for 3 years before a permanent Governor is elected. 

He will have the post for 3 years before a permanent Governor is elected. 

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