The Reserve Financial institution on Friday mentioned Sitikantha Pattanaik and Rajiv Ranjan have been appointed as government administrators with impact from Might 1.

Ranjan may even function an ex-officio member of the rate-setting panel Financial Coverage Committee (MPC).

Previous to being promoted as ED, Pattanaik was an Adviser within the Division of Financial and Coverage Analysis (DEPR), whereas Ranjan was serving as Adviser-in-Cost of Financial Coverage Division and Secretary to the MPC.

RBI mentioned as Govt Director (ED), Pattanaik will take care of the Division of Financial and Coverage Analysis, whereas Ranjan will maintain the Financial Coverage Division.

Ranjan has a PhD in economics from Mumbai College and holds a Masters diploma in economics from the Delhi College of Economics.

Pattanaik has a PhD in economics from the College of Mumbai.

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