Reserve Bank of India governor Urjit Patel today stepped down from his post citing personal reasons with immediate effect.
Urjit Patel: Support & hard work of RBI staff, officers & management has been proximate driver of Bank’s considerable accomplishments in recent years. I take this opportunity to express gratitude to my colleagues&Directors of RBI Central Board & wish them all the best for future
— ANI (@ANI) December 10, 2018
Days ahead of the crucial RBI board meeting on 14th December, Patel quit before his term could end in September 2019.
