New Rbi Governor Urjit Patel

What Urjit Patel said in 2003 paper: Let corporate ownership in private banks be above 10%

It is interesting to note that Patel’s joint paper argued strongly in favor of corporate promoters owning more than 10 per cent stake in private banks they float, contradictory to what RBI’s stance is today on this issue.

Urjit Patel competent economist: Finance minister Arun Jaitley

alling Urjit Patel a "competent economist", Finance Minister Arun Jaitley today expressed hope that as the next RBI Governor he will be able to contain inflation and contribute in country's economic growth.