India, Aug. 29 -- Former Reserve Bank of India (RBI) governor Urjit Patel has been appointed as India's next executive director (ED) to the Washington-based International Monetary Fund (IMF) for a period of three years after the Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi, cleared his name on Thursday.

Patel is back to playing a key role for the Narendra Modi government seven years after he quit RBI.

"The Appointments Committee of the Cabinet has approved the appointment of Dr. Urjit Patel, Economist and Former RBI Governor, to the post of Executive Director (ED) at the International Monetary Fund, for a period of three years with effect from the date of assumption of charge of the post, or until furthe...