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Urjit Patel: 15th Chief Economic Adviser to the Government of India; In office 10 August 2012 – 4 September 2013: Prime Minister: Manmohan Singh: Preceded by: Kaushik Basu: Succeeded by: Arvind Subramanian: 7th Chief Economist of the International Monetary Fund; In office September 1, 2003 – January 1, 2007: Preceded by: Kenneth Rogoff ...
Apart from inflation targeting, Urjit Patel’s appointment can boost seen to actively focus on NPAs in infrastructure. In October 2014, Patel had said: “What we have to think through in ...
Jul 7, 2020 · Urjit Patel OVERDRAFT Saving the Indian Saver. Releasing on 24 th July 2020. Urjit Patel would have cleared the NPA mess if he hadn’t been prevented… New Delhi, 7 July 2020: Urjit Patel was appointed RBI governor during a turbulent and tense period in 2016, when the problem of unsustainable bad debts or NPAs in the Indian banking sector was ...
Dec 10, 2018 · 10 December 2018. Reuters. It had been rumoured that Mr Patel would quit amid a spat with the government. India's central bank governor Urjit Patel has resigned from his post citing "personal ...
Sep 27, 2023 · Under Urjit Patel, the then RBI Governor, the central bank had a habit of making complete about-turns on various issues, including electoral bonds and digital payments, former finance secretary Subhash Chandra Garg said in his book titled 'We Also Make Policy: An Insider's Account of How the Finance Ministry Functions.'.
Sep 25, 2023 · The tensions between the government and Urjit Patel had their roots in February 2018 when Patel introduced a stringent framework for handling non-performing loans in the banking sector. This eventually led to Patel's resignation as RBI Governor on December 10, 2018, citing policy disagreements with the government.
Jan 29, 2022 · January 29, 2022 / 05:47 PM IST. Urjit Patel (Image: File Image) Former Reserve Bank of India (RBI) governor Urjit Patel has resigned from the post of non-executive and independent director of ...