RBI’s Patel gets pay rise but remains cheap by G20 standards
Other G20 governors and even other RBI staff earn substantially more
Reserve Bank of India (RBI) governor Urjit Patel has received a pay rise, but his salary remains much lower than other G20 governors and even other staff at the RBI.
The central bank publishes salary data for its top officials under India’s “right to information” law. The latest figures, covering the period to November 30, 2016, show Patel earned 209,500 rupees a month, which equates to an annual salary of $38,561.
Patel saw an increase in his base pay, though he also receives a “dearness
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