Page 2 - Michael Patra

Inflation may have peaked in January: RBI deputy governor Michael Patra

The six-member monetary policy committee of the RBI - that sets interest rate - has a target to maintain CPI inflation at 4 per cent

GDP to be just 1% above pre-pandemic level in FY22: RBI deputy governor

India's GDP will be just one per cent above the pre-pandemic level even after the estimated 9.2 per cent growth in FY22, RBI Deputy Governor M D Patra said

RBI to focus efforts on reviving growth: Deputy governor Michael Patra

India's central bank wants to focus all its energies on reviving the country's economic growth given that inflation's momentum is declining, Patra said

India will again be among world's fastest-growing economies: Patra

RBI deputy governor says private consumption and investment remains a work in progress

RBI 'behind the curve' criticism: Patra says approach has served us well

Addressing criticism of the RBI being "behind the curve", Michael Patra said that so far, "the approach has served us well".

RBI 'behind the curve' critique: Dy Guv says 'approach has served us well'

Deputy Governor Michael Patra on Friday said "the approach has served us well".

India better positioned to face external shocks: RBI deputy governor Patra

India is better positioned to face external shocks emanating from increasing geopolitical tensions, the aftermath of the Covid and the inevitability of climate change, Michael Debabrata Patra said

RBI-speak: Don't want to rock the boat when shore is visible, says Das

'We have flagged the issue of fuel (taxes). Now, it is for the government to make a decision'

Spreading disinflation over 2-3 years to reduce output loss, says RBI

'There is no blanket ban on opening of current accounts', said M Rajeshwar Rao

Technocrats versus politicians

In a democracy, monetary policy cannot be entirely left to technocrats any more than war can be left to generals

Monetary Policy focused on improving rate transmission: RBI bosses

Das also clarified that at the moment there is no plan to monetise government deficit

Janak Raj to succeed Michael Patra at RBI's monetary policy department

Patra will be part of the six-member monetary policy committee (MPC) as a deputy governor, and so will be Raj as an ED of the department. Raj would be part of MPC as an internal RBI member

The 'insider' on monetary policy: Meet Michael Patra, the new RBI Dy Guv

Patra wrote the monetary policy framework, which targets flexible inflation targeting, and is the basis of the six-member MPC in which Patra is a member