Reserve Bank of India (RBI) governor Urjit Patel on Monday Dec 10,2018 stepped down
from his post citing personal reasons. Patel's resignation comes days
after Finance Minister Arun Jaitley’s scathing criticism of the central
bank’s “lending spree”.
Patel, who cited “personal reasons” behind his decision, was in a conflict with the Union finance ministry over matters related to the bank's independence.
Patel, who cited “personal reasons” behind his decision, was in a conflict with the Union finance ministry over matters related to the bank's independence.
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