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 :
We Will Open Those Files After May 4th: PM Modi Sensational Statement
Dumdum/Hyderabad, April 24 (Maxim News): It is known that the first phase of polling in West Bengal has ended. PM Modi expressed happiness over the huge voter turnout in this polling. He praised it as a victory for democracy. He spoke at a meeting organized in Dumdum as part of the campaign for the second…
Hyderabad Gets Evening Showers as Heatwave Continues
Hyderabad, April 24: Hyderabad witnessed contrasting weather conditions for the second straight day, with scorching daytime heat followed by evening showers in several parts of the city. Here To Join Us On WhatsApp Residents faced intense summer heat through the day, while brief rain in the evening brought temporary relief from humidity and rising temperatures.…
CV Anand Set to Become New Telangana DGP
Hyderabad, April 24 (Maxim News): Senior IPS officer C.V. Anand of the 1991 batch is set to become the next Director General of Police of Telangana, with the state government reportedly finalising his name for the top post. The appointment is expected as current DGP Shivdhar Reddy is scheduled to retire on April 31, prompting…
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
