Dr. Michael Debabrata Patra Re-appointed as RBI Deputy Governor

In a recent development, the Central Government has decided to re-appoint Dr. Michael Debabrata Patra as the Deputy Governor of the Reserve Bank of India (RBI). 

The re-appointment is effective from January 15, 2024, and is valid for one year or until further orders, whichever comes earlier.

This decision underscores the government's confidence in Dr. Patra's expertise and leadership within the RBI.

 As the central bank continues to navigate economic challenges, Dr. Patra's continued role as Deputy Governor is expected to contribute to the stability and effectiveness of the RBI's monetary policies.