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Current Affairs: Urjit Patel appointed new Governor of RBI

Urjit Patel will Assume Office as 24th RBI Governor RBI

Urjit Patel -New Governor of Reserve Bank of India
  • 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. 
  • Mr Patel will assume office as the 24th RBI governor for three years on 5th September, a day after Rajan’s term ends. 
  • Mr. 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.