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Jen Werner
New Reserve Bank of India Boss Urjit Patel Shows Quiet Resolve
Patel, who recently succeeded Raghuram Rajan as RBI governor, will make battling inflation a priority for fast-growing India.
Jen Werner December 17, 2025
India Central Bank Guvernor Raghuram Rajan  Announces Interest Rates Decision And Market Reaction

Subhash Sheoratan Mundra, deputy governor of the Reserve Bank of India (RBI), from left, R. Gandhi, deputy governor, Raghuram Rajan, governor, Urjit R. Patel, deputy governor, and M. D. Patra, executive director, attend a news conference in Mumbai, India, on Tuesday, Aug. 9, 2016. Rajan left interest rates unchanged at his last policy review as food prices threaten to push inflation above the nation's target. Photographer: Dhiraj Singh/Bloomberg

Dhiraj Singh/Bloomberg

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