Urjit Patel understands business as well as he does politics after stints at Reliance Industries, the IMF, and acting as an adviser to the government. Raghuram Rajan earned rock-star status as the governor of the Reserve Bank of India. His successor, deputy governor Urjit Patel, is relatively unknown but is well-placed to take over as a key architect of some of the critical reforms that are already underway. Also Read: Urjit Patel succeeds Raghuram Rajan as new RBI governorThe first will be to control inflation as oil prices surge. Also Read: Urjit Patel: The hawk without a haloThe third challenge will be to oversee a new monetary policy committee.

Source: Mint August 22, 2016 03:21 UTC