January 14, 2013 / 8:38 AM / in 5 years

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.

The Reserve Bank of India (RBI) logo is pictured outside its head office in Mumbai May 3, 2011. REUTERS/Danish Siddiqui/Files

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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