RBI governor Urjit Patel resigns: PM Modi to Raghuram Rajan react

Patel cited 'personal reasons' for his resignation

RBI Governor Urjit Patel steps down with immediate effect. Here are the reactions to the development.

Finance Minister Arun Jaitley reacts via Twitter to the resignation: "The Government acknowledges with deep sense of appreciation the services rendered by Dr. Urjit Patel to this country both in his capacity as the Governor and the Deputy Governor of The RBI. It was a pleasure for me to deal with him and benefit from his scholarship. I wish Dr. Patel all the very best and many more years of public service."

The Government acknowledges with deep sense of appreciation the services