Urjit Patel appointed new RBI Governor
Deputy Governor of the RBI Urjit Patel has been appointed as the 24th Governor of the Reserve Bank of India. Patel, who was in-charge of RBI's monetary policy, will replace Raghuram Rajan, who vacates office on September 4. The 52-year-old had studied at Oxford and Yale Universities and also served as an advisor to the Boston Consulting Group.