Urjit Patel

Urjit Patel – New Vice President of AIIB

January 10, 2022

Urjit Patel served as the 24th Governor of RBI (Reserve Bank of India). He was recently appointed as the Vice President of Asian Infrastructure Investment Bank. Urjit Patel He was born in Kenya. In 2018, he resigned as RBI governor. ..

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Governors of RBI: Major Events During their Tenure

September 29, 2019

Sir Osborne Smith (1935-1937) Sir Osborne Smith was the first Governor of RBI. He had earlier headed the Imperial Bank of India. Lord Willingdon was India’s Viceroy when RBI started operations and sir Osborne Smith took charge as its governor. ..

RBI Deputy Governor Viral Acharya quits before his term ends

June 24, 2019

Viral Acharya Deputy Governor of Reserve Bank of India (RBI) has resigned from his position 6 months before the end of his term citing reason as unavoidable personal circumstances. Acharya, who joined RBI on 23 January 2017 for a three-year ..

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Bimal Jalan led panel defers report on RBI surplus funds

June 13, 2019

The Reserve Bank of India (RBI) committee led by Bimal Jalan (former RBI governor) constituted for considering guidelines for transfer of central bank’s surplus funds to government delayed submitting its report after lack of consensus among its members. The panel ..

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Shaktikanta Das newly appointed Governor of Reserve Bank of India (RBI)

December 12, 2018

Shaktikanta Das, a retired 1980 batch IAS officer of Tamil Nadu cadre, has been appointed as the 25th Governor of the Reserve Bank of India (RBI) for a period of 3 years. He succeeded the post after the sudden resignation ..

Shaktikanta Das: 25th Governor of RBI

December 11, 2018

India’s former economic affairs secretary and current member of the Finance Commission Shaktikanta Das is to be appointed as next RBI Governor. He will be the 25th Governor of the apex bank of the country. About  Shaktikanta Das Shaktikanta Das ..

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Repo rate keeps unchanged at 6.5%

December 6, 2018

Reserve Bank of India (RBI) in its fifth bimonthly monetary policy review for financial year 2018-19 has decided to maintain status quo in policy rates by keeping repo rate unchanged at 6.5%. The reverse repo rate has also been maintained ..

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Distinguished Indian economist and a scholar Prof. T N Srinivasan passes away

November 16, 2018

Prof. Thirukodikaval Nilakanta Srinivasan (85), a distinguished Indian economist and a scholar, has passed away in Chennai, Tamil Nadu on November 11, 2018. He was known for being one of the key advocates of the 1991 economic reforms. Srinivasan, who ..