Ritu Jha – Silicon Valley veterans reacted with concern to the abrupt resignation of Urjit Patel, the chairman of the Reserve Bank of India on Dec 10. While many said they were not surprised, they still expressed worry about the uncertainty generated and said they would be reluctant to invest in India until things […]
Tag: Reserve Bank of India (RBI) governor Urjit Patel
India’s RBI governor quits before term, cites ‘personal reasons’
indica News Bureau – After a long-draw battle of disagreements with the central government, Reserve Bank of India (RBI) governor Urjit Patel has stepped down from his current position with immediate effect. Patel said in his resignation letter that the decision to step down was a personal one. “On account of personal reasons, I […]