He will step into the shoes of current Governor Raghuram Rajan.
Rajan's term will end on Sept 4.
Urjit R Patelis an eminent economist, consultant and banker, currently appointed as Governor of theReserve Bank of India.
He was also Advisor of the Boston Consulting Group.
As Deputy Governor of RBI, Dr Patel looks after Monetary Policy, Economic Policy Research, Statistics and Information Management, Deposit Insurance, Communication and Right to Information.
Image:Wikimedia Commons
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