RBI Governor Urjit Patel has reallocated portfolios of Dy Governors following assumption of charge by Viral V Acharya. In addition to Monetary Policy Department, Acharya will look after Economic Policy & Research, Corporate Strategy and Budget and Financial Markets Operations Department. Acharya, a professor of Economics in the Dept of Finance at the New York University was appointed as Deputy Governor last month. Prior to this R Gandhi, senior-most Dy Governor, was looking after the monetary policy department, financial market operations department and department of economic policy and research following elevation of Patel as Governor. Dy Governor S S Mundra has been given charge of the Consumer Education and Protection and Human Resources Department while N S Vishwanathan will look after the department of banking regulation and department of communication.