Urjit Patel Resigns  

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  • Urjit Patel resigns as RBI Governor citing 'personal reasons'Urjit Patel resigns as RBI Governor citing 'personal reasons'

    IndiaDec 10, 2018, 6:13 PM IST

    Urjit Patel resigns as RBI Governor citing 'personal reasons'

    The RBI governor's resignation was being speculated right from the time it was rumoured that the government had cited a never-before-used provision of the RBI Act to get him to consider its views on relaxing lending norms for MSMEs, the appropriate size of reserves, etc, much as Finance Minister Arun Jaitley had refuted the speculation