RBI Deputy Governor Michael Debabrata Patra has re-appointed for an additional one-year term
The Central Government has re-appointed Michael Debabrata Patra as Deputy Governor of Reserve Bank of India (RBI) for an additional one-year term, effective January 15, 2023.
Patra is a career central banker who has been with the RBI since 1985, and was originally appointed as Deputy Governor in January 2020 for a three-year term.
As a Deputy Governor, Patra is a member of the monetary policy committee, which is responsible for making monetary policy decisions in India.
Patra is currently responsible for overseeing several departments within the RBI, including the Monetary Policy Department, the Department of Economic and Policy Research, the Department of Statistics and Information Management, and more.