RBI Governor Urjit Patel has no supporting staff at home, Raghuram Rajan had 10

By: |
Updated: December 05, 2016 12:48 PM

RBI Governor Urjit Patel gets a little over Rs 2 lakh as salary and has not been provided with any supporting staff at his residence

raghuram rajan, urjit patel, urjit patel salary, raghuram rajan salary, demonetisation, urjit patel staff, urjit patel home, reserve bank of india, rbi, demonetisation news, rbi news, india news, financial expressFor the month of October — the first full month Urjit Patel was in office as Governor — Patel got Rs 2.09 lakh as his salary, the same amount drawn by Raghuram Rajan as his August’s salary. (Image: Reuters)

RBI Governor Urjit Patel gets a little over Rs 2 lakh as salary and has not been provided with any supporting staff at his residence, the central bank has said. Patel, who took over as RBI Governor in September, is presently in the possession of the bank’s flat (Deputy Governor’s flat) at Mumbai, it said.

“No supporting staff has been provided to the present Governor, Urjit Patel at his residence. Two cars and two drivers have been provided to the present Governor,” RBI said in reply to an RTI query.

The bank was asked to provide details of remuneration given to former RBI Governor Raghuram Rajan and incumbent Patel.

For the month of October — the first full month Patel was in office as Governor — Patel got Rs 2.09 lakh as his salary, the same amount drawn by Rajan as his August’s salary. Rajan demitted office on September 4, and was given Rs 27,933 as remuneration for four days.

Rajan assumed the charge of RBI Governor from September 5, 2013 at a monthly salary of Rs 1.69 lakh. His salary was revised to Rs 1.78 lakh and Rs 1.87 lakh respectively during 2014 and March 2015. His salary was hiked to Rs 2.09 lakh from Rs 2.04 lakh in January this year, the RTI reply said.

Rajan was provided with three cars and four drivers. “One caretaker and nine maintenance attendants were posted as supporting staff in the bungalow provided by the bank to the former Governor Raghuram Rajan at Mumbai,” RBI said.

The Centre has recently declined to share details on the appointment of Patel and other candidates shortlisted for the top post in the central bank saying these are “cabinet papers” and cannot be made public.

Patel was on August 20 named as RBI’s Governor to succeed Rajan.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Mumbai drug bust live updates: Bombay High Court to resume hearing on Aryan Khan’s bail plea today
2Lakhimpur Kheri violence: SC asks UP govt to file status report after second FIR
3World steel production falls 9% on year in Sept