Michael Debabrata Patra appointed as RBI Deputy Governor

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Michael Debabrata Patra has been appointed as Deputy Governor of the Reserve Bank of India (RBI). The post was lying vacant after Viral V Acharya resigned from the post in June last year.

He will be the fourth Deputy Governor of the RBI and has been appointed to the post for a period of three years.

Mr. Patra, who is looking after the Monetary Policy Department as the Executive Director, is likely to retain the department, which was handled by Acharya, as the Deputy Governor.

The RBI, headed by Governor Shaktikanta Das, can have a maximum of four Deputy Governors. N S Vishwanathan, B P Kanungo and M K Jain are the other Deputy Governors working at the central bank. (RTI NEWS)

34 Days ago