Topyaps Logo

Topyaps Logo Topyaps Logo Topyaps Logo Topyaps Logo

Topyaps menu

Responsive image

Urjit Patel Wins The Race For RBI Governor; Succeed Raghuram Rajan

Published on 20 August, 2016 at 10:17 pm By

Urjit Patel has been appointed the Reserve Bank of India (RBI) Governor after the sudden exist of Raghuram Rajan.

“The appointment has been made based on the recommendation of the Financial Sector Regulatory Appointments Search Committee (FSRASC), headed by the Cabinet Secretary. The Committee undertook an extensive exercise to suggest a panel of names to the Appointments Committee of Cabinet (ACC),” a statement from the ACC said.

Patel, who holds a PhD in Economics from Yale University, is known as an expert on inflation and has also been with the IMF.



He was serving as Deputy Governor of the central bank for more than three years. A panel under his chairmanship had proposed inflation-targeting and the setting up of a monetary policy committee.

urjit-patel_650x400_71471699958

Finance Minister Arun Jaitley on Thursday held an hour-long discussion with Prime Minister Narendra Modi over the appointment of a new RBI Governor.

Advertisement

Latest Stories

Superstar Rajinikath’s Super Cop Movie Darbar Leaked Online by Tamirockers

Superstar Rajinikath’s Super Cop Movie Darbar Leaked Online by Tamirockers


Akshay Kumar’s Latest Movie Good Newwz Leaked By Tamilrockers After Its Release

Akshay Kumar’s Latest Movie Good Newwz Leaked By Tamilrockers After Its Release


Salman Khan Starrer ‘Dabangg 3’ Leaked Online By Tamilrockers

Salman Khan Starrer ‘Dabangg 3’ Leaked Online By Tamilrockers


Bollywood Reacts on Twitter on Anti CAA Protests Across Nation

Bollywood Reacts on Twitter on Anti CAA Protests Across Nation


Jumanji: The Next Level Movie Leaked Online By Tamilrockers

Jumanji: The Next Level Movie Leaked Online By Tamilrockers


Advertisement

Most Searched

More From Business

Popular on The Web