Updated By: LatestGKGS Desk
Urjit R Patel is 24th Governor of RBI Reserve Bank Of India
Urjit R Patel appointed as the 24th Governor of Reserve Bank of India
He was the deputy governor in RBI since January 2013.
He has framed a monetary policy framework which the Central Bank has adopted.
This monetary policy helps in controlling Inflation which is the Central Bank’s primary priority.
He recommended in a meeting with the committee that targeting retail inflation to control the unstable price.
Urjit R Patel worked with International Monetary Fund
He was also the consultant to the ministry of Finance department in Delhi.
He worked in the central and State high level authorities which worked on direct taxes in infrastructure, telecommunications etc.
Reserve Bank of India was established on 1st April 1935 according to the provisions of Reserve Bank of India Act, 1934.
