Dr. Patel serves as a Director at Reserve Bank of India. He has been Governor of Reserve Bank of India since September 2016 and served as its Deputy Governor from January 2013 to September 2016. Dr. Patel served as the Chief Policy Officer and Executive Director at IDFC Limited. He has an experience of over 17 years in financial, energy and infrastructure sectors. He served as a Consultant to the Ministry of Power, Department of Economic Affairs, New Delhi from 1998 to 2001. He served at International Monetary Fund. From 1995 to 1997 he served as a Consultant to RBI on deputation from International Monetary Fund, providing advice on banking sector reforms and development of foreign exchange market.
He serves as Director of Gujarat Petroleum Limited. He served as a Director of State Bank of India since February 6, 2013. He serves as an Independent Non-Executive Director of Gujarat State Petroleum Corp. Ltd.
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