New Delhi: The Reserve Bank of India (RBI) Governor Urjit Patel, who had a run in with the government over autonomy of the central bank, Monday resigned from his post.
Reserve Bank of India (RBI) Governor Urjit Patel on Monday resigned from his post with immediate effect, citing “personal reasons”.
In a brief statement, Patel said he has decided to step down with immediate effect.
Governor of RBI, Urjit Patel resigns from his post for personal reason:
“On account of personal reasons, I have decided to step down from my current position effective immediately,” he said in a brief statement released by the RBI.
He, however, did not specify the reason for the decision.
Patel was appointed the 24th Governor of the RBI on September, 2016 for a three-year term.