Michael Debabrata Patra reappointed as RBI Deputy Governor
New Delhi, Jan 9: The Centre on Monday reappointed Reserve Bank of India (RBI) Deputy Governor Michael Debabrata Patra for a period of one year with effect from January 15. The decision was taken by the Appointments Committee of the Cabinet.
Patra, a career central banker since 1985, had taken over as RBI Deputy Governor on January 14, 2020. He has worked in various positions in the central bank.
As Executive Director, he was a member of the Monetary Policy Committee (MPC) of the RBI, which is entrusted with the responsibility of monetary policy decision-making in India.
He continues to be an ex-officio member of the MPC as Deputy Governor. Prior to this, he was the Principal Adviser of the Monetary Policy Department of RBI between July 2012 and October 2014.
Patra has worked in the International Monetary Fund as Senior Adviser to Executive Director (India) from December 2008 to June 2012, when he actively engaged in the work of the IMF’s Executive Board through the period of the global financial crisis and the ongoing Euro area sovereign debt crisis.
Next Story :
-
Big Blow to BRS: Two MLAs Meet CM Revanth
![Big Blow to BRS: Two MLAs Meet CM Revanth]()
Hyderabad, Dec 20 (Maxim News): BRS Malkajgiri MLA Marri Rajasekhar Reddy and Amberpet MLA Kaleru Venkatesh met Chief Minister Revanth Reddy. They submitted a memorandum to the Chief Minister on the “constituency issues”. This has led to a discussion on whether they are planning to change parties.
-
Formula-E Race Scam: After ACB, ED Enters Field
![Formula-E Race Scam: After ACB, ED Enters Field]()
Hyderabad, Dec 20 (Maxim News): Enforcement Directorate (ED) officials have written a letter to the Telangana ACB regarding the Formula-E car race case. The ED has asked the ACB to provide details of the case registered against KTR. Along with the FIR registered against KTR, the ED has sought details regarding the transfer of money from the…
-
Big Shock To KTR: HC Rejects Lunch Motion Petition
![Big Shock To KTR: HC Rejects Lunch Motion Petition]()
Hyderabad, Dec 20 (Maxim News): The Telangana High Court has given a big shock to BRS Working President K.Taram Rama Rao. KTR approached the High Court in the Formula-E car racing case. KTR filed a lunch motion petition in the High Court on Friday morning. On his behalf, lawyer Gandra Mohan Rao requested the bench to allow KTR’s…
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page and Twitter and Instagram. For all the latest Hyderabad News updates
