Patel, who took over as RBI Governor in September, is presently in possession of the bank's flat (Deputy Governor's flat) at Mumbai, it said.
Two top Indian-American executives were today arrested in the US for allegedly misrepresenting their company's finances to inflate its stock price.
Nadella has been ranked fifth among 50 global corporate heads by Fortune Magazine in its annual 'Businessperson of the Year' compilation.
Continuing on his goal to improve the world with his donations, Social networking giant Facebook's CEO Mark Zuckerberg has sold $95 million in Facebook stock.
When compared to developed and key emerging markets in the region, India's 2017 projected salary rise is the highest. Indonesia at 9 per cent, Sri Lanka at 8.9 per cent, China at 7 per cent and Philippines at 6.4 per cent are the other countries that make up the top five in this group.
According to the 2016 Open Doors Report on International Educational Exchange, there are 165,918 students from India, making it the second leading country of origin among international students in the US.
Cyrus Mistry has been battling problems on a number of fronts in recent months, including a costly settlement with Japanese telecoms operator NTT Docomo and the sale of Tata Steel's loss-making business in Britain.
The Tata board has set up a committee - which includes Ratan Tata and four others - to choose a new chairman in place of Cyrus Mistry.
At 42, more than 10 per cent of those on the 2016 list of The Forbes 400 of the wealthiest people in America are immigrants who have achieved great business success in the country, Forbes said.
Some investors are finding that companies with more women in top positions outperform. Now they're starting to wonder: How much does a female CEO add to market returns?
New-age retailer Flipkart's co-founders Sachin and Binny Bansal made a surprise exit from the Forbes list of India's 100 wealthiest people, while yoga guru Ramdev's close associate Balkrishna has entered the ranking with a net worth of $2.5 billion.
Yoga guru Ramdev's aide Balkrishna, who is co-founder of consumer good company consumer Patanjali Ayurved, has debuted on Forbes magazine's '100 Richest Indians' list.
As Mint Street readies for the new Reserve Bank of India governor, Raghuram Rajan's three-year tenure marked with numerous controversies ended on September 4.
Wrestler-turned-actor Dwayne Johnson topped a Forbes magazine list of the world's highest paid actors on Thursday with an estimated 2016 payday of $64.5 million.
"Hunger Games" star Jennifer Lawrence on Tuesday topped a Forbes magazine list of the world's highest paid actresses for the second straight year, earning some $46 million, followed by Melissa McCarthy.
Billionaire Anil Ambani's elder son Anmol Ambani was on Tuesday elevated to Reliance Capital's board as an additional director, the company said in a statement. 24-year-old Anmol Ambani, the eldest son of Anil Ambani, had been working with Reliance Capital since 2014.
US Olympic swimmer Ryan Lochte lost all four of his major sponsors, including Speedo USA and Ralph Lauren Corp, following his apology for an "exaggerated" story about being robbed at gunpoint at the Rio Games.
While job satisfaction had some impact on physical health, its effect was particularly strong for mental health.
Urjit Patel will take over as the new RBI Governor, when the three-year term of the outgoing central banker Raghuram Rajan ends on September 4.
Sunil Bharti Mittal, chairman of India's largest telecom company Bharti Airtel, will take home a higher annual pay package of over Rs 30 crore, excluding perquisites, for this fiscal year.