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RBI Governor Urjit Patel steps down

RBI Governor Urjit Patel steps down

India Blooms News Service | @indiablooms | 10 Dec 2018, 12:04 pm

New Delhi, Dec 10 (IBNS): Reserve Bank of India Governor Urjit Patel quit from his position on Monday.

Patel resigned from his position just days after the RBI board meeting was held.

The meeting was held amid reports of a rift with the Central government.

Reports had emerged that the government had proposed a few changes with which the Centre would be able to strictly supervise the RBI.

More details are awaited.