Urjit Patel has been appointed as a deputy governor of the Reserve Bank of

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India, banking secretary DK Mittal told Reuters on Wednesday.

Patel will replace Subir Gokarn, who was heading the monetary policy department, among others in the central bank.

Prior to his appointment, Patel was an adviser in the Boston Consulting Group.

Gokarn's term as a deputy governor ended on December 31.