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Urjit Patel

Urjit Patel is an Indian economist and currently serving as the 24th Governor of the Reserve Bank of India (RBI). He has also been a consultant, banker as well as the Deputy Governor of RBI. As the deputy Governor, he was responsible for monetary policy, Right to Information, economic policy research, statistics and information management, deposit insurance and communication. After the end of Raghuram Rajans term as the Governor of Reserve Bank of India on 4th September 2016, Urjit Patel succeeded him as the new Governor of the RBI and he took charge on 6th September 2016. Born on 28th October 1963 in Kenya, Patel completed his Bachelors in Economics from London School of Economics and later he received his M. Phil. Degree from Oxford University in 1986. He then received his doctorate in Economics from Yale University in 1990. After completing his studies and obtaining his Ph.D, Dr. Patel joined the International Monetary Fund (IMF) in 1990. He was posted to IMF country mission in India from 1992-95. He was also posted to USA, Bahamas and Myanmar desks till 1995. Thereafter he went on deputation to RBI as an advisor and played an important role in the development of the debt market, pension fund reforms, banking sector reforms and targeting of the real exchange rate. In 1998, after completing two years deputation with RBI, he became the Consultant to the Indian Government and worked in the Ministry of Finance, Department of Economic Affairs. He held this position till 2001. From 2000 to 2004, Patel was a part of many high level committees at the Centre as well as State level and worked with committees like Competition Commission, Prime Ministers Task Force on Infrastructure, Task forces on Direct Taxes, Expert Group on State Electricity Boards, Advisory Committee on Research Projects and Market Studies, Group of Ministers on Telecom Matters and High level expert group n Civil and Defence Services Pension System. Since 2009, he has also been a non-resident Senior Fellow at the Brookings Institution. He Succeeded Subir Gokarn to the Post of Deputy Governor of RBI and was appointed for a period of three years. He played an important role after he took over the charge of vital Monetary Policy Department. He was appointed as the governor of RBI on 20th August 20116 succeeding Raghuram Rajan and he took over the post on 6th September 2016. Urjit Patel came into media exposure for the first time in 2009 as the expert commentator on UPAs 100 day action plan after the UPA government announced the 100 day action plan after coming to power for the second term. This was Urjit Patels first media exposure. Before becoming the Governor of RBI, he has also held other important positions like Advisor of the Boston Consulting Group, President of Business Development in Reliance Industries. HE WAS ALSO THE Executive Director of Infrastructure Development Finance Company from 1997-2006 and was a member of the integrated Energy Policy Committee for Government of India from 2004 to 2006. He has also been the Non-Executive Director of the Gujarat State Petroleum Corporation and Multi Commodity Exchange of Indi Limited. The economy experts in the country are keeping an eye on Urjit Patel and he has the responsibility to control the inflation and all of his policies will be compared with the Former Governor Raghuram Rajan.

Ahead of Presentation of Budget, Former RBI Governor Urjit Patel Warns Against PSB Loan Push, Pump Prime Economy
India.com News Desk | July 5, 2019 6:53 AM IST
New Delhi: In his first comments after stepping down as Reserve Bank Governor last year, Urjit Patel...
Ahead of Presentation of Budget, Former RBI Governor Urjit Patel Warns Against PSB Loan Push, Pump Prime Econ
indiacom
2019-07-04T19:53:17+00:00
2019-07-04T20:18:42+00:00
Urjit Patel
India.com
PM Modi Defends Govt on Criticism Over Demonetisation, Urjit Patel's Resignation as RBI Governor
India.com News Desk | January 1, 2019 6:14 PM IST
New Delhi: Prime Minister Narendra Modi on Wednesday said that the demonetisation drive announced by...
PM Modi Defends Govt on Criticism Over Demonetisation, Urjit Patel's Resignation as RBI Governor
indiacom
2019-01-01T07:14:38+00:00
2019-01-01T07:14:38+00:00
Urjit Patel
India.com
Lowering capital buffer detrimental to banks, economy: RBI
PTI Feeds | December 28, 2018 8:30 PM IST
Mumbai, Dec 28 (PTI) The Reserve Bank Friday warned that with high bad loans and inadequate provisio...
Lowering capital buffer detrimental to banks, economy: RBI
indiacom
2018-12-28T09:30:07+00:00
2018-12-28T09:30:07+00:00
Urjit Patel
India.com
RBI Governor Shaktikanta Das Chairs Central Board Meeting, Issues Like New Economic Capital Framework Discussed
India.com Business Desk | December 14, 2018 12:48 PM IST
Mumbai: The crucial central board meeting of the Reserve Bank of India is underway to discuss conten...
RBI Governor Shaktikanta Das Chairs Central Board Meeting, Issues Like New Economic Capital Framework Discuss
indiacom
2018-12-14T01:48:52+00:00
2018-12-14T01:48:52+00:00
Urjit Patel
India.com
On debut, new RBI Guv Das promises to work closely with govt
PTI Feeds | December 12, 2018 8:54 PM IST
(Eds: Adds more quotes, backgrounds, market reaction) Mumbai, Dec 12 (PTI) Shaktikanta Das took char...
On debut, new RBI Guv Das promises to work closely with govt
indiacom
2018-12-12T09:54:09+00:00
2018-12-12T09:54:09+00:00
Urjit Patel
India.com
Shanktikanta Das named new RBI Governor
PTI Feeds | December 11, 2018 6:51 PM IST
New Delhi, Dec 11 (PTI) Former bureaucrat Shaktikanta Das on Tuesday was appointed the new governor ...
Shanktikanta Das named new RBI Governor
indiacom
2018-12-11T07:51:50+00:00
2018-12-11T07:51:50+00:00
Urjit Patel
India.com
PM Narendra Modi Appoints Shaktikanta Das RBI Governor
India.com News Desk | December 11, 2018 6:41 PM IST
New Delhi: Former finance secretary and current member of the finance commission Shaktikanta Das has...
PM Narendra Modi Appoints Shaktikanta Das RBI Governor
indiacom
2018-12-11T07:41:02+00:00
2018-12-11T07:41:02+00:00
Urjit Patel
India.com
Assembly Election Results 2018! As BJP Swamped by Congress, Sensex, Nifty Shine; 6 Key Points That Changed Markets Today
India.com Business Desk | December 11, 2018 5:02 PM IST
New Delhi: It started out as a 'Black Tuesday'. That was the prediction of the experts and that is e...
Assembly Election Results 2018! As BJP Swamped by Congress, Sensex, Nifty Shine; 6 Key Points That Changed Ma
indiacom
2018-12-11T06:02:24+00:00
2018-12-11T06:02:24+00:00
Urjit Patel
India.com
Let govt take over RBI: Sena's jibe after Patel's resignation
PTI Feeds | December 10, 2018 9:48 PM IST
Mumbai, Dec 10 (PTI) The Shiv Sena took a jibe at ally Bharatiya Janata Party over the resignation o...
Let govt take over RBI: Sena's jibe after Patel's resignation
indiacom
2018-12-10T10:48:09+00:00
2018-12-10T10:48:09+00:00
Urjit Patel
India.com
Patel's resignation result of Centre's "thoughtless" act:Naidu
PTI Feeds | December 10, 2018 9:39 PM IST
Amaravati, Dec 10 (PTI) The resignation of Urjit Patel as RBI governor Monday is a result of the Cen...
Patel's resignation result of Centre's "thoughtless" act:Naidu
indiacom
2018-12-10T10:39:32+00:00
2018-12-10T10:39:32+00:00
Urjit Patel
India.com
Marathe says saddened, surprised by Patel resignation
PTI Feeds | December 10, 2018 9:33 PM IST
Mumbai, Dec 10 (PTI) The recent government appointee to the central board member of the Reserve Bank...
Marathe says saddened, surprised by Patel resignation
indiacom
2018-12-10T10:33:18+00:00
2018-12-10T10:33:18+00:00
Urjit Patel
India.com
RBI employee union expresses shock over Patel's resignation
PTI Feeds | December 10, 2018 9:33 PM IST
Mumbai, Dec 10 (PTI) The All India Reserve Bank Employees Association has expressed shocked over res...
RBI employee union expresses shock over Patel's resignation
indiacom
2018-12-10T10:33:11+00:00
2018-12-10T10:33:11+00:00
Urjit Patel
India.com
RBI Governor Urjit Patel's Resignation: Opposition Slams PM Modi, Mamata Banerjee Calls it a 'Financial Emergency'
India.com News Desk | December 10, 2018 9:25 PM IST
New Delhi: After Reserve Bank of India (RBI) Governor Urjit Patel tendered his resignation on Monday...
RBI Governor Urjit Patel's Resignation: Opposition Slams PM Modi, Mamata Banerjee Calls it a 'Financial Emerg
indiacom
2018-12-10T10:25:53+00:00
2018-12-10T10:25:53+00:00
Urjit Patel
India.com
Role and responsibilities of RBI
PTI Feeds | December 10, 2018 9:12 PM IST
Mumbai, Dec 10 (PTI) RBI Governor Urjit Patel unexpectedly resigned Monday, bringing into prominence...
Role and responsibilities of RBI
indiacom
2018-12-10T10:12:37+00:00
2018-12-10T10:12:37+00:00
Urjit Patel
India.com
Urjit Patel - reticent but independent-minded governor who found his voice
PTI Feeds | December 10, 2018 9:12 PM IST
Mumbai, Dec 10 (PTI) From being considered government's man on the Mint Street, outgoing RBI Governo...
Urjit Patel - reticent but independent-minded governor who found his voice
indiacom
2018-12-10T10:12:31+00:00
2018-12-10T10:12:31+00:00
Urjit Patel
India.com
Urjit Patel Steps Down as RBI Governor, Cites Personal Reasons
India.com News Desk | December 10, 2018 5:20 PM IST
New Delhi: Days after the deadlock with the Centre over a range of issues, Urjit Patel stepped down ...
Urjit Patel Steps Down as RBI Governor, Cites Personal Reasons
indiacom
2018-12-10T06:20:21+00:00
2018-12-10T09:41:26+00:00
Urjit Patel
India.com
Resignation of Urjit Patel is a Mark of Protest, Matter of Great Concern, Says Former RBI Governor Raghuram Rajan
India.com News Desk | December 10, 2018 8:29 PM IST
New Delhi: Former Reserve Bank of India (RBI) Governor Raghuram Rajan on Monday termed Urjit Patel s...
Resignation of Urjit Patel is a Mark of Protest, Matter of Great Concern, Says Former RBI Governor Raghuram R
indiacom
2018-12-10T09:29:58+00:00
2018-12-10T09:29:58+00:00
Urjit Patel
India.com
No self respecting scholar or academic can work in NDA govt: Chidambaram on Urjit
PTI Feeds | December 10, 2018 7:39 PM IST
New Delhi, Dec 10 (PTI) Former Finance Minister P Chidambaram on Monday said he was saddened but not...
No self respecting scholar or academic can work in NDA govt: Chidambaram on Urjit
indiacom
2018-12-10T08:39:33+00:00
2018-12-10T08:39:33+00:00
Urjit Patel
India.com
RBI Denies Reports of Deputy Governor Viral Acharya Stepping Down, Terms Them as Baseless Rumours
India.com News Desk | December 10, 2018 7:28 PM IST
New Delhi: Reserve Bank of India (RBI) spokesperson on Monday dismissed media reports of RBI Deputy ...
RBI Denies Reports of Deputy Governor Viral Acharya Stepping Down, Terms Them as Baseless Rumours
indiacom
2018-12-10T08:28:32+00:00
2018-12-10T08:28:32+00:00
Urjit Patel
India.com
Urjit Patel avoids questions about RBI-Centre rift
ANI Feeds | December 5, 2018 9:42 PM IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): Reserve Bank of India (RBI) Governor Urjit Patel on Wedne...
Urjit Patel avoids questions about RBI-Centre rift
indiacom
2018-12-05T10:42:07+00:00
2018-12-05T10:42:07+00:00
Urjit Patel
India.com