Urjit Patel who took over as the 24th Governor of Reserve Bank will have a tough task in maintaining the legacy of his predecessor, Raghuram Rajan, and balance them need to contain inflation without hurting growth. Patel assumed charge effective September 4, 2016, after serving as deputy governor since January 2013, RBI said in a statement on Sunday. He was Read More

With the appointment of Dr Urjit Patel as the new RBI governor, I am happy that there is going to be a continuation. The Raghuram Rajan era is being taken forward and there is going to be continuity and also change. There will be continuity as nobody from outside is brought in. Of course, Raghuram Rajan is not Dr Urjit Read More

Outgoing Reserve Bank Governor Raghuram Rajan on Friday exuded confidence that his successor Urjit Patel will carry forward the work they began on taming inflation. “I am confident that Urjit Patel, who has worked closely with me on monetary policy for the last three years, will ably guide the Monetary Policy Committee going forward in achieving our inflation objectives,” Rajan Read More