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Urjit Patel at Financial Stability meeting at North Block

  • Urjit Patel, Financial Stability and Development Council, RBI Governor, North Block
    RBI Governor Urjit Patel at the FSDC eeting at North Block

    Four months ago, when Urjit Patel took charge as the 24th governor of the Reserve Bank of India (RBI), he had big shoes to fill.

  • Urjit Patel, Financial Stability and Development Council, RBI Governor, North Block
    In November, however, a whole new challenge was added to his governorship.

    His predecessor, Raghuram Rajan, had proven to be a superstar with his free-flowing eloquence making an instant connect with Indians.

  • Urjit Patel, Financial Stability and Development Council, RBI Governor, North Block
    The new RBI governor was left to field a slew of criticism that ranged from a lack of involvement on his part in the massive process to the ...

    Patel’s low-profile style of functioning was inevitably compared to that of Rajan’s.

  • Urjit Patel, Financial Stability and Development Council, RBI Governor, North Block
    Demonetisation put 1.3 billion Indians in a spot and this 52-year-old Yale and Oxford product was certainly one of them.

    When prime minister Narendra Modi banned the country’s two most popular notes on Nov. 08, Patel had been at the helm for just two months.

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