August 29, 2025 3:06 PM

Centre names former RBI governor Urjit Patel as IMF Executive Director for 3 years

The government has approved the appointment of former Reserve Bank of India (RBI) governor Dr. Urjit Patel as Executive Director at the International Monetary Fund (IMF) for a three-year term.   Patel’s appointment follows the abrupt termination of Krishnamurthy V. Subramanian’s services, which ended his term about six months early. He is widely regarded as a key architect of India’s inflation-targeting framework for monetary policy.   A Kenyan-born Indian economist, Patel began his ...