'Patel will contribute to India's growth story'
Finance Minister Arun Jaitley on Saturday asserted that newly appointed RBI Governor Urjit Patel will "successfully lead the Reserve Bank" and "contribute to India’s economic development". NITI Aayog CEO Amitabh Kant also called Patel a "great choice" as he has a good understanding of India's macroeconomic scenario. Notably, Patel will succeed Raghuram Rajan as the 24th Governor of the RBI.