MUMBAI: RBI has redistributed portfolios among its deputy governors following the retirement of Michael Patra on Tuesday. Govt is interviewing economists as candidates for Patra's successor, with ...

9. Michael Patra has been the only constant on the rate-setting panel, which has witnessed two RBI governors—Urjit Patel and Shaktikanta Das—and six external members during his tenure. 10.

India’s economy is likely moving into a low inflation regime as supply shocks fade and demand cools, according to a paper co-authored by Reserve Bank of India Deputy Governor Michael Patra.