The Indian government appointed career central banker Michael Patra as one of the Reserve Bank of India's four deputy governors for a three-year term, it said in a statement on Tuesday.

Government appoints Michael Patra as RBI Deputy Governor

The International Monetary Fund has said it was monitoring the development in India with regard to the reported rift between the Reserve Bank of India and the Centre.

RBI row: IMF against govt interference that compromises central bank's independence

The soon to be Deputy Governor was picked from a total of 90 applicants

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Government appoints Michael Patra as RBI Deputy Governor

RBI row: IMF against govt interference that compromises central bank's independence

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