I. G. Patel

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I. G. Patel was the fourteenth Governor of the Reserve Bank of India from 1 December 1977 to 15 September 1982.[1]

Patel was an economist and before joining the Reserve Bank as Governor had served as Secretary in the Ministry of Finance and thereafter at the UNDP. After retiring from the Reserve Bank, Patel became the director of The London School of Economics and Political Science

The Indian Rupee notes of 1000, 5000 and 10,000 denomination and the gold auctions were demonetised during his tenure.[2]


Preceded by
M. Narasimham		 Governor of RBI
1977 to 1982		 Succeeded by
Dr. Manmohan Singh

[edit] References

  1. ^ List of Governors. Reserve Bank of India. Retrieved on 2006-12-08.
  2. ^ High Denomination Bank Notes (Demonetisation) Act, 1978. Taxmann.net. Retrieved on 2006-12-08.


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