Urjit Patel is the next RBI chief

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New Delhi, Aug 20 (ANI): Speculations on who would be the next Reserve Bank of India (RBI) Governor are now over! Eminent banker and one of the deputy governors of India’s banking institution, Urjit Patel, was on Saturday announced for the designation. Principal spokesperson of the Government of India, Frank Noronha, broke the news on his official twitter handle: “Dr. Urjit R Patel new Governor of RBI,” he tweeted. Now, let us know the basic facts about Patel. Present Governor Raghuram Rajan’s tenure is ending on September 4 this year. Rajan had earlier announced his intention to return to academia.

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