13-01-2024 10:23 AM | Source: Reuters
India extends central bank deputy governor Patra`s tenure by one year

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India has extended the tenure of central bank deputy governor Michael Patra by a year to the beginning of 2025, according to a government document seen by Reuters.

Patra is a career central banker, and was first appointed as deputy governor of the Reserve Bank of India in January 2020 for a three-year term. He handles the crucial monetary policy and economic research departments, among others, and is also a member of India's monetary policy committee.