He replaced Viral Acharya, the 3rd Deputy Governor of RBI. Patra is forth RBI governor, who will hold this position for the next three years from the date of his appointment.
The forecast by Gartner includes spending by financial institutions on internal IT, hardware, software, external IT services and telecommunications
A Non Banking Financial Company (NBFC) can now issue infra debt funds at 50 percent and maximum at 75 percent of its total capital fund for PPPs
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