New Delhi, Jan. 15 -- The government has appointed career central banker Michael Debabrata Patra as the deputy governor of the Reserve Bank of India (RBI), a post lying vacant since the resignation of Viral Acharya in June last year.

The appointment of Patra, who has been working in RBI since 1985 in various capacities, was cleared by the Appointments Committee of the Cabinet (ACC) for a three-year term, according to a government order.

Before elevation to the position of the deputy governor, Patra has been an executive director of the RBI as in-charge of its research department and one of the six members on the Monetary Policy Committee.

According to a government official, who wished not to be named, Patra, 59, is likely to take over th...