Dr Urijit Ravindra Patel, born 1963, aka the Owl on Mint Street, needs little introduction.
The demonetization defined his work and his trademark silence.
An Indian citizen since 2013, Dr. Patel has been associated with various organizations and high-level as well as state-level committees in various advisory roles. Besides the IMF, he has worked with Gujarat Ministry of Finance, Reliance Industries, Dpartment of Economic Reforms, Competition Commission of India, Prime Minister’s task force on Infrastructure, Task Force on Direct Taxes, etc.
As Governor Patel completes two years in office, the jury is still out whether he has been a 'hawk' -- as prescribed by many economists to contain inflationary pressures and to tame the monster of loan defaults -- or a 'dove' as others, including those in the government, wanted him to always cut rates to boost growth.
He remains criticized for the demonetization, but in recent years has shirked from talking on demo and instead focusing on working towards other important tasks.
Sify.com takes a look at the various milestones in his two year tenure as the Central Bank's Governor. From the time, he took over the mantle from Dr Raghuram Rajan to the tackling of demonetisation, and his recent comments made from public outings.
The 24th Governor has made a number of quotes, quips, and announcements. From the eerie silence in 2016 to several management speeches at colleges in recent times, here is a collection that you must not miss.
Author and images: Sify