Indian governor resigns after conflict with government

Patel quits after threatening to resign over BJP’s attempts to use reserves

Former RBI governor Urjit Patel
Urjit Patel is leaving the Reserve Bank of India

The Reserve Bank of India’s governor resigned his post nearly a year early today (December 10), after several years of increasingly public conflict with the country’s government.

Urjit Patel is the first RBI governor ever to have resigned before his term was over. He was due to end his first three-year term as RBI governor in September 2019. His predecessor as RBI governor, Raghuram Rajan, said that Patel’s resignation should concern “all Indians”.

Patel said in a statement that he had

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