Finance RBI rejigs portfolios of deputy governors, Michael Patra to run monetary policy division Updated : January 15, 2020 10:01 PM IST Besides the governor, the Reserve Bank of India (RBI) has four deputy governors looking after different departments. Michael Debabrata Patra, who was the executive director, took over the post that was lying vacant since June last year when Viral Acharya resigned. As deputy governor, Patra will look after the Monetary Policy Department including Forecasting and Modelling Unit (MPD/MU), the central bank said. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.