January 2, 2013 / 12:31 PM / 5 years ago

Urjit Patel appointed as RBI deputy governor - banking secy

The Reserve Bank of India (RBI) logo is pictured outside its head office in Mumbai July 26, 2011.Danish Siddiqui/Files

MUMBAI (Reuters) - Urjit Patel has been appointed as a deputy governor of the Reserve Bank of India, banking secretary D.K. Mittal told Reuters on Wednesday.

Patel will replace Subir Gokarn, who was heading the monetary policy department, among others in the central bank.

Prior to his appointment, Patel was an adviser in the Boston Consulting Group.

Gokarn's term as a deputy governor ended on December 31.

Reporting by Manoj Kumar; Editing by Subhranshu Sahu

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