December 25, 2025 10:02 am (IST)
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Will try to live up to people's expectations: Urjit R Patel
New Delhi, Aug 21 (IBNS): After being appointed as the Governor of Reserve Bank of India (RBI), Urjit R Patel thanked everyone and assured to live up to the expectations of the people.
"Thank you everyone for your warm wishes! I will give my best to live up to the expectation of people," Patel tweeted.
He has been appointed to the post for a period of three years.
Patel has been serving as the Deputy Governor of the RBI.
He will resume his role as the Governor from Sept 4.
Patel will step into the shoes of current Governor Raghuram Rajan.
"Dr. Urjit R Patel has been appointed as the New Governor of Reserve Bank of India (RBI) for a period of three years with effect from 4th September, 2016. He will replace the present RBI Governor Dr. Raghuram Rajan. Dr Patel is presently the Deputy Governor of RBI and is holding this assignment since 2013," read a government statement.
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