Urjit Patel takes over as RBI deputy governor
MUMBAI (Reuters) - Urjit Patel has taken over as a deputy governor of the RBI, it said in a statement on Monday.
Patel has been appointed for a period of three years starting from January 11, the Reserve Bank of India said.
Prior to this, Patel was adviser (energy and infrastructure) at the Boston Consulting Group.
He replaced Subir Gokarn, who was heading the monetary policy department, after his term as a deputy governor ended on December 31, 2012.
(Reporting by Shamik Paul; Editing by Prateek Chatterjee)
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India has withdrawn the drug pricing authority's powers that allowed it to fix the prices of medicines not deemed essential, after its decision to impose price caps on more than 100 drugs in July triggered industry protests. Article