Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Tuesday congratulated Michael Debabrata Patra on being appointed as deputy governor of the Reserve Bank of India (RBI).
Congratulate #Odisha born Michael Debabrata Patra on being appointed as Deputy Governor of the Reserve Bank of India. Best wishes for the new responsibility
— Naveen Patnaik (@Naveen_Odisha) January 14, 2020
Union Petroleum Minister Dharmendra Pradhan also congratulated Odisha-born Patra for his new responsibility.
Congratulations to Mr. Michael Debabrata Patra for being appointed as the Deputy Governor of @RBI. An @iitbombay alumni & a Harvard fellow,Mr Debabrata has served RBI in various capacities & been central to its views on many frameworks. Best wishes to him for a successful tenure.
— Dharmendra Pradhan (@dpradhanbjp) January 14, 2020
The Union government today appointed of Michael Debabrata Patra as the new deputy governor of the Reserve Bank of India (RBI).
A native of Odisha’s Cuttack, Patra will replace Viral Acharya who left office on July 23 last year six months before his term was scheduled to end.
Currently, Patra is working as the Executive Director of the Monetary Policy Department. He is the fourth Deputy Governor of the RBI along with NS Vishwanathan, BP Kanungo and MK Jain.
Patra is a Phd in Economics from the Indian Institute of Technology, Mumbai. Before moving to the Monetary Policy department in October 2005, he was an adviser in the department of economic analysis and policy in charge of international finance, money and banking.